Companies range from a platform for teaching students about the brain to a retention program for teachers in urban school.
Jeff Frantz, Penn GSE Associate Director of Communications
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Philadelphia — The University of Pennsylvania’s Graduate School of Education (Penn GSE) and the Milken Family Foundation announced the finalists for the seventh annual Milken-Penn GSE Education Business Plan Competition (EBPC) today. Companies range from a platform for teaching students about the brain to a retention program for teachers in urban school.
Considered the most prestigious and well-funded education business plan competition, the EBPC has earned a name for itself by attracting innovative ideas from around the world and spotting winning education innovations early on in their growth. As the largest competition of its kind, the EBPC features multiple cash prizes totaling $140,000, and awards prizes in two categories – one aimed at Idea-stage companies that are just getting started and Ventures, which already have revenues, grants, customers, or investments.
The 2016 EBPC Idea and Venture Path Finalists, selected through a crowd-sourced judging which includes teachers, investors, entrepreneurs, and researchers, include:
Previous finalists include Raise.me, ApprenNet, and Degreed – all of which have gone on to grow their ventures, attract investors, and have a positive impact on education. The EBPC is made possible through the generous support of the Milken Family Foundation, ACT, American Public University System, ChanceLight Behavioral Health and Education, McGraw-Hill Education, and Microsoft Surface.
The competition is an established leader in the field of education innovation and key destination for education entrepreneurs. Competition finalists will travel to Philadelphia’s Penn campus on May 10-11 to pitch their ventures to a crowd of investors, researchers, and practitioners. In addition to competition prizes, finalists can be invited to join The Education Design Studio Inc. (EDSi), a hybrid incubator and seed fund built specifically for education ventures that was launched in collaboration with Penn GSE in 2013.
The Milken family – several of whom are Penn graduates – embody the Franklin spirit and through successful educational entrepreneurship – from pre-K services through college education for working adults – as well as investments in educational enterprises, have demonstrated a commitment to the leaders of tomorrow. In their four decades of philanthropic activities, the Milken family has made innovation in education education – as exemplified by the Milken Educator Awards and National Institute for Excellence in Teaching – a cornerstone of their work. Visit the Milken Family Foundation for more information.
Penn GSE is one of the nation’s premier research education schools. No other education school enjoys a university environment as supportive of practical knowledge-building as the Ivy League’s University of Pennsylvania. The School is notably entrepreneurial, launching innovative degree programs for practicing professionals and unique partnerships with local educators, and the first-ever business plan competition devoted exclusively to educational products and programs. For further information about Penn GSE, please visit www.gse.upenn.edu/