Competition designed to foster institutional collaboration, creativity to combat today’s industry issues
ANAHEIM, CA. – April 7, 2014 – Ellucian® announced at Ellucian Live it is issuing a challenge to its customers to develop innovative solutions to increase student graduation and retention. The Student Success Innovation Challenge, a $50,000 competition delivered by Ellucian on the HeroX platform, is designed to foster collaboration and develop creative ideas from Ellucian’s community of over 2,400 colleges and universities.
For colleges and universities, student success has never been more critical or more challenging. Institutions that are able to deliver an exceptional student experience will see higher retention and graduation rates. The competition presents a forum for institutions to create innovative new technologies, like data-driven interventions, personalized communications, or support services, to solve key issues that may prevent student success.
“Student success is critical to institutional achievement,” said Michael Betz, senior vice president and chief marketing officer at Ellucian. “In addition to being a passion for educators, it’s the foundation for an institution’s viability. At Ellucian, we’re fortunate enough to collaborate with the best and most diverse community in higher education. With this challenge, we’re leveraging the top minds to build a forum where we can share, develop, and implement creative strategies using technology to help attain student success.”
Each participating institution will set a quantifiable student success goal it wishes to achieve and explain how technology can help them succeed, sustain and even grow that achievement. Judged by a panel of industry experts, the winning institution will receive $15,000. Second place will receive $7,000 and third place, $3,500. In addition, 10 honorable mention schools will receive $2,500 in Ellucian credits.
“I am proud to see Ellucian launch their competition on HeroX,” said Dr. Peter Diamandis, Chairman & CEO, XPRIZE, Co-founder & Board Member, HeroX. “As early adopters, Michael and his team are demonstrating real leadership in empowering their customers to tackle big problems. I am convinced that this challenge will drive innovation in ways that we cannot yet imagine.”
Entries can be submitted on this website: herox.com/studentsuccessx. To follow the conversation on Twitter, use #studentsuccessx.
Ellucian helps education institutions thrive in an open and dynamic world. We deliver a broad portfolio of technology solutions, developed in collaboration with a global education community, and provide strategic guidance to help education institutions of all kinds navigate change, achieve greater transparency, and drive efficiencies. More than 2,400 institutions in 40 countries around the world look to Ellucian for the ideas and insights that will move education forward, helping people everywhere discover their futures through learning. Visit Ellucian at www.ellucian.com, follow Ellucian on Twitter (@EllucianInc), and like Ellucian on Facebook (/EllucianInc).
HeroX is a platform where anyone can spur innovation and solve problems by launching a challenge. A spinoff of XPRIZE, the leading organization solving the world’s Grand Challenges by creating and managing large-scale, high profile, incentivized prize competitions, and a joint venture with City Light Capital, HeroX harnesses the power and momentum of competition-based innovation to solve both philanthropic and commercial challenges. We provide the tools to make it easy for anyone to frame a problem and to inspire teams to compete to solve it. Everyone wants a chance to be a hero and we’ll show you how. You are HeroX. What’s possible together.
For more information, go to www.HeroX.com, follow HeroX on Twitter (@iamHeroX), and like HeroX on Facebook (/iamHeroX).