Educational innovation gets boost under new programs

The Investing in Innovation fund must be doled out by Sept. 30.
The Investing in Innovation fund must be doled out by Sept. 30.

A movement is under way to make it easier for entrepreneurs to navigate the lucrative and sometimes-tricky education market and introduce new technologies and products into classrooms.

An educator at the University of Pennsylvania wants to create one of the nation’s only business incubators dedicated to education entrepreneurs. The U.S. Department of Education (ED) is also getting into the act with a $650 million fund to boost education innovation.

“Here’s this [market] that is huge, that is really important, that needs innovation, and there’s just nothing out there to sort of foster it,” said Doug Lynch, vice dean of Penn’s Graduate School of Education. “Let’s create a Silicon Valley around education.”…Read More

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