The European Incubator-Accelerator that helps EdTech start-ups/SMEs turn ideas into market-ready products
Start date: April 6th 2020. Apply until: June 30th 2020 at 13:00 (CEST)
ABOUT THE PROGRAMME
IMPACT EdTech is a €6M programme co-funded by the European Commission to boost innovation in education throughout Europe. We will be identifying, selecting and accelerating the most disruptive EdTech solutions from April 2020 to December 2022 via two open calls.
A pan European programme designed for EdTech start-ups/SMEs to break the barriers to education and enhance learning experiences in a new era of human-centered digital education.
The ultimate goal is to support European start-ups/SMEs to move from promising prototypes towards viable products. We will set up an EdTech-specific incubation environment offering both business & access-to-market support and access to an education ecosystem.
IMPACT EdTech provides expert knowledge, educational resources and data.
All efforts are aimed to facilitate the overall market uptake of those educational technologies which facilitate the acquisition of relevant skills and the extension of gender-friendly, personalised and inclusive lifelong learning.
If you are a start-up/SME ambitious enough to revolutionise the EdTech Industry, please APPLY!
WHAT DOES THE PROGRAMME LOOK LIKE
Along the course of 2 open calls, IMPACT EdTech will support 42 start-ups/SMEs (21 per open call) in education and digital learning through a hybrid incubator-accelerator. We will validate, test MVPs (Minimum Viable Product) and prepare them to reach the market by providing early business and go-to-market support, in collaboration with education experts. Start-ups/SMEs will receive business and educational mentoring and training services both in Stage 1 and 2. Experts will help to analyse the potential of the start-ups/SMEs by short-cycle piloting in real educational settings to obtain preliminary impact assessment data that investors and clients require.
Distribution of funding per stage for each open-call
STAGE 0 - Pitch Training
Following external evaluation of proposals, up to 38 start-ups will receive a fixed lump sum of €1,800 to cover costs for participating in the Pitch Training & Jury Day event where they will have the opportunity to pitch their solutions. The best solutions will be selected to join Stage 1 of the Incubation programme.
STAGE 1 - Incubation
A fixed lump sum of up to €83,500 per start-up/SME will be offered, including up to €10,000 of voucher-based business & educational expertise and specialized resources. (Up to 21 start-ups/SMEs per call will be selected).
STAGE 2 - Acceleration
A fixed lump sum of up to €110,000 per start-up/SME is offered, including up to €20,000 of voucher-based business & educational expertise and specialized resources. (Up to 11 start-ups/SMEs per call will be selected to participate in this stage).
Two Strands of solutions to be tackled by EdTech Disruptors
Regardless of the strand, the selected companies will be incubated under similar funding and service-support conditions but seek a ‘pull effect’ from fairly different market actors within the common incubation framework. The same incubation services and resources will be allocated in Stage 1. The differentiation will come in Stage 2, where Strand A and Strand B will have divergent piloting pathways and resources adapted to the functional characteristics of their products.
Strand A - School EdTech solutions
Strand A aims to support solutions which demonstrate a clear vision for the pedagogical use of ICT (Information and Communications Technology) aimed at transforming education models at the level of formal (school-based) compulsory education, from early childhood up to secondary general and vocational education (commonly referred to as K12), notwithstanding that their potential application may reach other target users and educational markets. The solutions selected must serve to make education more inclusive, support personalised learning or support skills development of children and teachers. Solutions aiming at supporting schools in ensuring the pedagogical continuity with pupils through online education will also be considered under this strand.
Strand B - EdTech solutions for any age group and/or level of education
Strand B targets Business to Consumer (B2C) content-based solutions open to any age group and level of education. Strand B is looking for solutions that can disrupt the current EdTech market patterns and break the barriers to any learners through emerging technologies. Strand B solutions will be tackling the three IMPACT EdTech challenges (inclusive education, personalised learning or skills development) addressing any type of learners through formal and/or informal education outside the early childhood up to secondary general/vocational education systems. Learning solutions which facilitate remote and mobile learning will also be considered.
INSPIRATION FOR BOTH STRANDS
WHAT CAN IMPACT EDTECH OFFER YOUR START-UP/SME?
We walk with your start-up/SME through the journey of growing from an idea to a market-ready product.
By the end of the acceleration, each start-up/SME would be able to receive up to 195,300.00 EUR in equity-free funding.
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