This year, the competition focused on companies that “specifically and proactively” address equity issues arising from the COVID-19 pandemic, including learning loss, concerns about mental and emotional health, widespread staffing concerns, and political and social disagreements. Since its inception, the competition has awarded more than $1.8 million in cash and prizes and finalists have gone on to raise over $150 million in funding.įour early-stage startups received a total of $150,000 in cash and prizes Wednesday, when the top seven finalists selected to present made their pitches and fielded questions from the judges. Now in its thirteenth year, the competition is aimed at providing education entrepreneurs with an opportunity to win funding without diluting their own equity in their companies. The annual competition, which has continued to be held virtually since the pandemic, is hosted by the Catalyst program at the University of Pennsylvania’s Graduate School of Education in partnership with the Michael and Lori Milken Family Foundation.
The Washington, D.C.-based startup will receive $40,000 through the Milken-Penn GSE Education Business Plan Competition, the organization announced this week. Words Liive, an ed-tech startup that aims to integrate music into K-12 literacy lessons, has taken the top prize in one of the nation’s best-known awards competitions for fledging education businesses.
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