The Milken-Penn GSE Education Business Plan Competition (EBPC) 2022 is currently accepting applications.
The Milken-Penn GSE Education Business Plan Competition (EBPC) celebrates purpose-driven ventures that address persistent and emerging problems in education through its dynamic ecosystem.
Applicants from all around the globe are welcome to apply to the Graduate School of Education EBPC, which is dedicated to overcoming systemic obstacles in education via innovation and expanding equal opportunities for all learners and communities.
Finalists are needed to compete in the EBPC Finals in order to be eligible for cash and prizes. Making a recorded pitch and being there for talks with judges as well as the live event on October 12, 2022, are all part of this.
GSE Education Business Plan Competition | Eligibility Criteria
- Open to education ventures from around the world that have innovative solutions to educational inequity, particularly those founded by and serving people from marginalized and historically underrepresented communities.
- They encourage candidates to work in a variety of educational settings, ranging from early childhood through corporate and adult education.
- They accept proposals from both charitable and for-profit organizations.
Since 2010, the following areas have been prioritized:
- Urban Education
- Connecting Research to Practice
- Teaching & Learning
- Technology in Grades K through 12
- Special Education & At-Risk Students
- Open & Collaborative Solutions: The Education Ecosystem
- Online & Distance Learning in Higher Education
- Global/Borderless Education Solutions
- Early Childhood Education
- Workforce Learning
How to Apply for the GSE Education Business Plan Competition
EBPC candidates should outline an educational problem that their initiative tackles, present a solution, and explore scaling options to illustrate the equitable results that their proposed innovation may bring to the field of education and other contexts. The following are important aspects of business plan applications (but are not limited to):
Service or product: Describe your initiative’s unique product(s) or service(s), as well as the recurring or growing issue(s) in education that your solution solves, as well as information about your company, its mission statement, and any major collaborating organizations engaged in your endeavor.
People: Discuss the management team for your company, including project leadership, key personnel’s backgrounds and experience, staff members, and the general organizational structure. Demonstrate why your team is the best fit to run your enterprise and meet the unique requirements of the areas you’ll be serving.
Market: Who are your target clients and what is your target market? Which communities do you plan to help specifically? Discuss your target market(s)’ feasibility, preparedness, and descriptions, as well as your marketing approach for communicating with and effectively reaching consumers in those areas.
Competition: Examine current rivals (with examples) who provide comparable product(s) or service(s) to what you do. Discuss your competitive advantage: how will you distinguish your endeavor in order to secure your market(s) and guarantee your company’s viability? Discuss entry hurdles and any potential liabilities your company may face.
Finances: For years one, two, and three of your financial plan include financial data, including all planned income and spending (current and prospective). Consider how your company will grow while being financially viable.
Equity: Demonstrate your venture’s potential influence on equitable outcomes in teaching, learning, and/or education by describing how your product or service overcomes structural hurdles in education to benefit marginalized populations.
Materials: A digital slide deck presentation (PowerPoint or similar format; necessary; 15 slides maximum) and a 60-second video pitch are also required (optional, but highly recommended).
All applications must be received by April 29, 2022, at 11:59 p.m. ET.
To apply, go to this link.
Deadline: April 29, 2022
Visit EBPC for more information.
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