By Dian Schaffhauser, Campus Technology
The Graduate School of Education at the University of Pennsylvania has launched a start-up incubator specifically designed to help education business ideas get off the ground. The Education Design Studio Inc. (EDSi), as it’s called, has received $2.1 million in funding as well as support from a number of investors, including McGraw-Hill Education. Most of the initial round of start-up participants were finalists in an education business-plan competition that ran earlier this year. The idea of the Studio is to give education start-ups a way to collaborate with others in the education segment, including investors, researchers, practitioners, and entrepreneurs. “It’s a natural fit for Penn [Graduate School of Ed] because its emphasis on incorporating cutting-edge education research into innovative education start-ups plays to our strengths, including building upon our success with the Milken-Penn GSE Education Business Plan Competition,” said Andy Porter, dean of the school.
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