|[February 01, 2013]
LearnLaunchX, New Ed Tech Accelerator, Gives Start-ups Strategic Sector Insight and Reach, Market Development Advantages, Seed Capital
CAMBRIDGE, Mass. --(Business Wire)--
executives today announced the founding of the education
technology and learning-focused accelerator.
The first LearnLaunchX accelerator session will begin in June 2013 and
will provide selected start-ups with early seed
funding, deep domain insight, direct access to learning marketplace
leaders and channels, and mentoring by experts in ed
tech, learning markets and start-up investment.
LearnLaunchX will invest in an estimated 40 companies across five
cohorts in the first three years of its accelerator program. The
expertise in education, technology, and investment provides ed tech and digital
learning startups with the knowledg needed to navigate the learning
industry. Experts with deep connections to the market will provide
hands-on mentoring to help entrepreneurs
into successful ed tech companies. Startups will receive guidance and
strategic direction on a full range of issues, from product feature
decisions and beta testing to the nuances of management team development
and market entry in the learning industry. LearnLaunchX will open
applications for its first cohort on Feb 20th.
"Social and economic realities demand that education be made more
effective and accessible," said Stephen Marcus, founder of Matchbox,
Inc. "As an entrepreneur, I understand first-hand the complexities
of this market, and applaud the formation of LearnLaunchX. I believe it
will accelerate the growth and success of important solutions and
outstanding ed tech companies."
LearnLaunchX co-founder Mark Miller: "Boston has long been an
acknowledged epicenter for technology innovation, publishing,
educational content and venture capital. The founders of LearnLaunch
bring vast experience and contacts in ed tech and new ventures to
identify, vet and nurture high-growth market leading companies."
The announcement was made at the "Across Boundaries: Innovation and the
Future of Education" Conference co-sponsored by MIT (News - Alert) Sloan.Ed and
About the LearnLaunchX Co-Founders: (www.learnlaunchx.com/team)
Jean Hammond founded JPH Associates, co-founded AXON Networks and Quarry
Networks. Jean is an active angel investor and is a member of Hub
Angels, the Launchpad Venture Group, and founded the Boston Forum of
Golden Seeds. Jean was named a Mass High Tech All-Star and BBJ Advancing
Women Lifetime Achievement Honoree.
Mark Miller has over 20 years of experience as a serial entrepreneur
founding, managing, and capital-raising for technology-focused education
and publishing companies. Miller is currently the Founder and Managing
Partner of Good Harbor Partners, a learning industry-focused merchant
Vinit Nijhawan has over 30 years' experience building six startups.
Vinit was at Key Venture Partners, and invested in Optasite, acquired
for $430M. Vinit is currently Managing Director Office of Technology
Development for Boston University, where he teaches MBA courses on
Eileen Rudden is a member of Launchpad Venture Group, was Chief Officer
of College and Career Preparation for the Chicago Public School System
and a 2009 Broad Fellow. She spent 25 years leading software growth
businesses as VP and General Manager of Avaya's Unified Communications
Division and SVP and GM of IBM's Lotus Notes. She is board chair of
SoundBite Communications (News - Alert).
Hakan Satiroglu is an entrepreneur and seasoned executive focused on the
transition of business models and processes in the digital age. He
founded Xplana Learning, a leading social learning network now
establishing 21st Century learning and collaboration models. Hakan is
founder and chairman of Xlibrio, an international virtual bookstore
The goal of LearnLaunch is provide support for the creation and growth
of education technology and learning companies in New England.
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