1st Open Call
Start-ups & SMEs in Stage 2: Acceleration
Start-ups & SMEs in Stage 1: Incubation
WHAT DID THE PROGRAMME LOOK LIKE
Along the course of the 1st open call, IMPACT EdTech have supported 15 start-ups/SMEs in education and digital learning through a hybrid incubator-accelerator. We have validated, tested MVPs (Minimum Viable Products) and prepared them to reach the market by providing early business and go-to-market support, in collaboration with education experts.
Start-ups/SMEs have received business and educational mentoring and training services both in Stage 1 and 2. Experts helped 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
Following external evaluation of proposals, up to 28 start-ups have been invited to participate in the Pitch Training & Jury Day online event where they have had the opportunity to pitch their solutions. The best solutions have been selected to join Stage 1 of the Incubation programme.
A fixed lump sum of up to €85,300 per start-up/SME have been offered, including up to €10,000 of voucher-based business & educational expertise and specialized resources. (15 start-ups/SMEs per call selected).
A fixed lump sum of up to €110,000 per start-up/SME has offered, including up to €20,000 of voucher-based business & educational expertise and specialized resources. (Up to 7 start-ups/SMEs per call have been selected to participate in this stage).
EDTECH CHALLENGES
Inclusive education
targeting specific underserved or vulnerable groups (socially disadvantaged persons, immigrants or minority groups, special educational needs students or other groups), address early school leavers or support the improvement of educational attainment for all.
Personalised learning
(based e.g. on Artificial Intelligence (AI), learning analytics, and other technologies) with a focus on supporting new, research-based pedagogical approaches for in-classroom education and encouraging life-long learning.
Skills development
of children, teachers and other types of learners with a focus on, but not limited to, the development of STEM (Science, Technology, Engineering and Mathematics), Computational Thinking and 21st century skills such as critical thinking, creativity, collaboration, communication.
WHAT CAN IMPACT EDTECH OFFER YOUR START-UP/SME?
Stage 0 and Stage 1: MVP Validation
Incubation phase (4 months)
PITCH TRAINING
28 selected EdTech start-ups/SMEs invited to a pitch training session, one day before the Jury day.
MENTORING
Individual business, education and digital learning mentors.
BOOTCAMP
4-days business bootcamp.
MVP LIVE TESTING
Live Future Classroom Lab testing by education experts and digital learning professionals
EDTECH RESOURCES
Full access to EdTech resources to develop your MVP (education ministries connections) .
EQUITY FREE FUNDING
Up to fixed lump sum of €85,300 per EdTech startup/SME, including up to €10,000 of voucher-based business & educational expertise and specialized resources.
Stage 2: PROOF OF MARKET
Acceleration phase (5 months)
BOOTCAMP
3-day acceleration bootcamp.
TRAINING
Go-To-Market activities training.
PILOTING PATHWAYS
Strand A and Strand B piloting in real educational settings.
INVESTMENT
Visibility to relevant education ministries, investors and potential partners.
MENTORING
Systematic 1-1 business and education mentoring services.
EQUITY FREE FUNDING
Up to fixed lump sum of €110,000 per startup/SME, including up to €20,000 of voucher-based business & educational expertise and specialized resources.