[DML Competition 4: Badges for Lifelong Learning]

2012 Milken-PennGSE Education Business Plan Competition

Sheryl Grant
10/24/2011 - 1:30pm
  1. Digital Media & Learning
Competitions
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(Via NEST Central: http://nestcentral.org/)

Despite the size and import of learning, we have immense challenges; many hold out the hope of entrepreneurship to help solve some of these challenges. That said, until now there hasn't been a single education business plan competition in the world and while entrepreneurship in bio tech, software, engineering and medicine is quite robust with clusters of start ups surrounding some of the world's great universities, nothing similar exists in education.

To address this issue, the Milken Family Foundation and Penn have come together to be a joint catalyst for innovation in education, to help "create a space" for education entrepreneurs. To begin this process, we have put together a business plan competition and we hope – if you have an idea to change the world, that you will enter the competition.

We are proud to present our contestants with the following 5 prizes, totaling $90,000, and growing!

The Milken Family Foundation, First and Second Prize to the best overall business plans in the competition. First Prize $25,000, Second Prize $15,000.

The Startl Prize for Open Educational Resources: $25,000 Prize.

The American Public University System Prize for online/distance learning within higher education: $25,000 Prize.

The Non-Traditional Learner Prize for Innovation in the fields of Special Education and At-Risk Students: Prize TBD.