Education Companies Invest Time, Money in Startups
This fourth-floor office space bears all the signs of a startup company’s habitat—young professionals clustered around tables or sprawled out on the floor, typing on laptops, sketching on whiteboards—except for the name of the organization overseeing it all.
The activity underway here is being hosted by Kaplan Inc. , one of the most widely recognized company names in education, as part of a program designed by the test-preparation and college-course provider to give fledging education technology startups the tools to make it in the complex K-12 market, one that for many entrepreneurs often seems impenetrable.
Kaplan’s business “accelerator” effort, launched this year, is one of a handful of ventures created recently or being planned by major education companies—including Pearson and McGraw-Hill Education —that provide direct financial or operational support or guidance to school-focused startups. Backers of the companies’ involvement in accelerator programs say those efforts can take advantage of the reach and influence of big companies to bring new sources...
This article is available to subscribers only.
To keep reading this article and more, subscribe now or start a 2-week FREE trial.
Access selected articles, e-newsletters and more!
- Senior Content and Curriculum Leader
- BrightBytes, San Francisco, CA
- English Teacher
- MVCSD, Mount Vernon, NY
- Executive Director
- Doctors Charter School, Miami Shores, FL
- Assistant Professor of Educational Administration
- Mississippi State University, Mississippi State, MS
- Immediate Teaching Positions Available at New Visions! Apply Now!
- New Visions for Public Schools, NY