Apply now for the Milken-Penn GSE Education Business Plan Competition (EBPC), a global platform supporting innovative education ventures tackling systemic inequities. Apply below:
When is the Application Deadline:
The application deadline is Feb 19, 2025.
Tell Me About The Milken-Penn GSE Education Business Plan Competition:
The Milken-Penn GSE Education Business Plan Competition (EBPC) is a global competition that supports innovative education ventures addressing systemic inequities in education. Launched in 2010 as a collaboration between Penn GSE and the Milken family foundations, EBPC connects participants with strategic advisors, investors, and customers. The competition culminates in a live event judged by industry experts, offering participants a chance to showcase their solutions while gaining visibility and venture development support.
Which Fields are Eligible?
The competition welcomes ventures from various educational settings, including but not limited to:
- Urban Education
- Teaching & Learning
- Early Childhood Education
- Technology in Grades K-12
- Special Education & At-Risk Students
- Online & Distance Learning in Higher Education
- Global Education Solutions
- Workforce Learning
- Connecting Research to Practice
Type:
Competition
Who can Apply for the Milken-Penn GSE Education Business Plan Competition?
Eligible applicants include:
- Individuals or groups aged 18 years or older.
- Ventures founded by or serving individuals from marginalized and historically underrepresented communities.
- Both for-profit and nonprofit ventures are accepted.
- Ventures must not have raised more than $2,000,000 or generated more than $2,000,000 in gross revenue in the prior 12 months.
- Applicants cannot include current Penn GSE faculty, staff, administrators, or previous finalists/winners (unless they are entering with a new, unrelated business plan).
- Entrants must ensure compliance with laws in their jurisdiction of residence.
How are Applicants Selected?
- Innovation: How the venture addresses persistent or emerging educational challenges.
- Equity Impact: Solutions that reduce systemic barriers and support underserved communities.
- Market Potential: Target audience, customer discovery, and marketing strategy.
- Leadership: Qualifications and expertise of the team.
- Competitive Advantage: Differentiation from competitors and long-term sustainability.
- Financial Viability: A clear financial model supported by realistic assumptions.
Which Countries Are Eligible?
All countries
Where will the Award be Taken?
The final live competition will take place in person, hosted by Penn GSE at the University of Pennsylvania, USA.
How Many Awards?
Not specified
What is the Benefit of the Milken-Penn GSE Education Business Plan Competition?
Participants and winners benefit from:
- Venture development support from strategic advisors.
- Networking opportunities with investors and potential customers.
- Access to the Catapult Content Hub, featuring 4,000+ educational resources.
- A platform to showcase innovations to industry experts and decision-makers.
How Long Will the Award Last?
9 months
How to Apply:
- Prepare materials: Gather your product description, team details, financial model, equity impact statement, a 15-slide presentation deck, and an optional 60-second video pitch.
- Register for Catapult: Create a free account on the Catapult platform (Catalyst @ Penn GSE virtual accelerator).
- Complete the application: Submit all required materials via Catapult by February 19, 2025.
Key Dates:
- January 15, 2025: Applications open.
- February 19, 2025: Application deadline.
- May 1, 2025: Semifinalists announced.
- August 20, 2025: Finalists announced.
- September 11, 2025: Live competition event.
For questions, contact the Competition Director at educomp@gse.penn.edu.
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Mercy Awofiranye is a creative writer with over five years of experience. Currently, she specializes in creating helpful content for students in the education space. When she's not writing, she enjoys reading, cooking, and learning new things.
This post was last modified on January 20, 2025 10:26 am