March 26, 2015
EDGE Edtech, the New York, NY-based “startup generator” founded by edtech veterans Don Burton (whose resume includes time at Disney Education and Kaplan) and Jonathan D. Harber (former CEO of Pearson K12 Technology), has launched its 2015 EDGE Accelerator program in the city. Aimed at startups that are utilizing technology to improve education and learning, the accelerator hopes to support the mission of these companies through funding, mentoring, and pathways to various resources in NYC. The accelerator is now accepting applications for the class set to start this upcoming September.
“Some of the greatest challenges in global education will be solved through edtech startups,” said Harber, in a statement. “New York is the perfect hub for EDGE, hosting the largest K-12 school system in the nation, the biggest community college network, the education publishing giants, headquarters to the largest corporate training departments, the financiers backing major education companies, cutting edge researchers, two million active students, and more. By creating an ecosystem of innovation in New York City, we will unleash the next generation of companies and entrepreneurs to improve the world.”
The EDGE Accelerator program will run from September to December 2015 and will select ten startups to participate in its cohort. Those startups selected will each receive $170,000 in funding. Throughtouthe three-month period, these edtech companies will be provided with mentorship, coaching, legal services, agile development expertise, sales consulting, and business development. The program is set up to help them secure their next round of financing. The mentors and advisors to which they’ll have access include CEOs and founders of some of the most successful edtech startups; edtech VCs and angels; leaders in the education publishing; as well as education policy experts.
“We work with the best and brightest in education technology, from talented teams with an amazing prototype to startups with over a million in financing and a growing customer base,” said Burton. “We are excited to launch the EDGE Accelerator, build companies, mentor entrepreneurs, and change the future of education and learning.”
Burton is the former Managing Director of the Kaplan/Techstars EdTech Accelerator (he remained at this position throughout last year’s Kaplan/Techstars’s Edtech Accelerator demo day). In that positions, he successfully worked with more than 20 edtech startups – with startups in the 2013 and 2014 classes raising over $35 million collectively. Harber served formerly as a mentor at the Kaplan/Techstars Edtech Accelerator.
Interested edtech startups can apply now for the EDGE EDtech Accelerator program. Companies will be selected on a rolling basis and will conclude June 25, 2015.
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