We're looking for fresh ideas from individuals, as well as products from startups and established companies, that have the potential to benefit the further and higher education sector.
What we are doing
We are identifying great new ideas and collaborative opportunities for both individuals and companies. We are then supporting those ideas and products, moving them to market quicker and helping them deliver better products to meet our members needs.
The aim is to connect suppliers and customers within the market - facilitating innovation, new product development, and quality assuring selected products and services. This will enable Jisc to influence the edtech market, promote the development of products and services that are fit-for-purpose.
Improving the market
We are building an accelerator to develop the market, establishing the UK’s first end-to-end edtech accelerator from ideas to investment in fully-fledged products.
Why this matters: the growth of edtech
Edtech is now undergoing a period of unprecedented growth, with significant investment flowing into startup ventures.
Global spend on education is $6 trillion, and is growing at 7% annually. In 2015 Edtech UK estimated the global educational technology sector was worth £45 billion. This is projected to grow to £128 billion by 2020 owing to the many opportunities for digital transformation and the global trends (such as the world's ageing population, shortage of qualified teachers, transformational technologies such as artificial intelligence) that will shape these opportunities for decades to come.
How we will do this
We are planning to:
- Run an annual series of edtech challenges for students and staff, that include both ideas competitions and hackathons
- Develop relationships with edtech companies in the early stages to steer them in the direction of meeting the needs of HE and FE. We think that by doing so we can mitigate some of the risk that Jisc members face in buying new products from startups by healthchecking them thoroughly
- Invest in companies we believe could have a significant impact on our members and become suppliers of essential services. By developing relationships with them in the early stages, we can steer them in the right direction to ensure they meet the needs of the further and higher education sectors
- Produce a series of reports and insights which we will share to keep our members informed about what's happening within edtech
- Hold a series of events that bring suppliers and customers together in a non-sales environment
Take part in edtech challenges
We're looking for ideas that can help us to address the next big edtech challenges in education and research.
For staff, students and other interested individuals.
Take part in the step up programme
A new strand which will provide a "healthcheck" for edtech startups.
Find out about accelerator
The accelerator is aimed at startups with a small number of paying customers who are looking to expand to deliver to others.
Successful applicants will receive up to £30,000 equity investment (subject to terms and conditions) as well as detailed mentorship, from Jisc, Emerge Education and industry experts, to help them grow and secure further investment.
The accelerator competition is open to all startups, as well as successful companies from the previous stage.
Previous investments include:
Read about the edtech startups competition
Project partner: Emerge Education
We're working with Emerge Education who have a successful track record at helping startups develop into sustainable companies that meet the needs of schools, universities and colleges.
Combining our contacts in the further and higher education sector with Emerge’s extensive contacts in the startup world makes us ideal partners.
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