MindCet Launches 2nd Annual Global EdTech Startup Awards

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MindCET, an Israeli-based center of Education Technology innovation, launched the 2nd annual “Global EdTech Startup Awards” competition.

The competition wishes to promote the EdTech ecosystem worldwide, and to highlight “The Most Promising EdTech Start Up in 2015.”

Last year’s winner was US-based BrightBytes, a provider of analytics and assessment data tools for the education market, which was chosen after reviewing more than 350 applications from around the world.

MindCET is an independent body within Israel’s Center for Educational Technology (CET). For over 40 years, the latter has been the market leader in Israel in technology-based educational solutions, providing state-of-the-art educational material.

This year sees the introduction of 3 vertical tracks, in addition to the general competition track: Making Education, IoT in Education and Safety Net – more information and definitions on these new categories are below.

The applications phase will start today and run through April 2015, and the global finals are expected to take place in September 2015, with regional events leading up to the global event. Applicants will be judged on their ability to prove that the product or service (1) answers an actual pain (2) has an innovative pedagogical aspect (3) has an outstanding user experience (4) has a growth potential and (5) sustainable business model.

The competition, initiated by MindCET, is joined this year by a group of esteemed EdTech promoters: EdTech Incubator, London; Inncubated, Bogota; Global accelerator network Wayra (by Telefonica) and the Pan-European incubator of the Open Education Challenge. The competition is sponsored by CET (Center of Educational Technology), an Israeli EdTech leader and holding company of MindCET.

At the launch event last Thursday, 6 Israeli and UK startups presented their EdTech solutions, in an attempt to promote bilateral EdTech cooperation between the UK and Israel
Applications to the competitions can be submitted via the competition’s website.

The UK Israel Tech Hub at the British Embassy in Israel helps drive economic growth in both countries by assisting British companies to partner with the best of Israeli innovation. Launched in 2011, its goal is to create partnerships in which British companies gain a global competitive edge via Israeli innovation, and Israeli innovation goes global via the UK.

The Open Education Challenge, launched in 2014 in partnership with the European Commission, is an opportunity for cutting-edge education startups to receive mentoring and seed funding through the European Incubator for Innovation in Education, and get direct access to investors from day one.

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