With its mission to help nurture innovation in education by connecting early-stage capital with transformative sector trends and innovative emergent companies, the Venture Capital in Education Summit 2010 (bit.ly/9rVNEe) will be hosted by Berkery Noyes, a leading independent investment bank, and Startl, a not-for-profit accelerator focused on the digital media and learning market, on June 8th and 9th at the IAC Building in New York City.
“At a time when the nation is investing billions of dollars to improve K-20 education, early-stage education companies are suffering from neglect of both attention and dollars,” explains Christopher Curran, managing director of Berkery Noyes. “This lack of capital and resources stifles promising initiatives driving K-20 improvements and game-changing advances in learning.”
The upcoming Venture Capital in Education Summit will bring together a select group of industry leaders and innovators, entrepreneurs and investors to learn more about the K-12 and postsecondary education sectors and to build stronger bridges between the early-stage investment community and the dynamic businesses transforming the education landscape. Early-stage investors interested in the education space will have the opportunity to engage influential leaders and companies from the education industry in an exploration of topics, including:
• The Evolving Landscape and Changing Dynamics of the Education Sector;
• The New Economics of and Approaches to the Business of Education;
• Challenges and Opportunities Facing Education Publishing;
• Disruptive and Transformative Models of Education Delivery.
Bruce Nussbaum, Professor of Innovation and Design at Parsons New School of Design and Contributing Editor to Bloomberg BusinessWeek, and Tim Brown, President and CEO of IDEO, will kick off the Summit program with a conversation about rethinking and restructuring education. Following Mr. Nussbaum’s and Mr. Brown’s keynote address, the Summit will feature discussions with noted members of the investment community, education entrepreneurs and executives, foundations and institutions, and policy experts, including:
• Jon Corshen, Chief Executive Officer, GoingOn
• Peter Davis, President, McGraw-Hill Education
• Alex Finkelstein, General Partner, Spark Capital
• Mark Hatch, Chief Executive Officer, TechShop
• Brandon Hidalgo, Chief Executive Officer, The Teaching Company
• Bill Hughes, Director, Business Development & Innovation, Pearson
• Andrew Joseph, Co-Founder and President, TenMarks Education
• John Katzman, Chief Executive Officer, 2Tor
• Josh Koppel, Co-Founder & Chief Creative Officer, ScrollMotion
• Margery Mayer, President, Scholastic Education
• Andrew Rosen, Chairman and Chief Executive Officer, Kaplan, Inc.
• Andrew Savikas, VP of Digital Initiatives, O’Reilly Media
• Jeff Shelstad, Founder & Chief Executive Officer, Flat World Knowledge
• James Shelton III, Assistant Deputy Secretary for Innovation and Improvement, U.S. Department of Education
• Jason Stoffer, Principal, Maveron
• Alex Wang, President and Chief Executive Officer, 8D World
• Fred Wilson, Managing Partner, Union Square Ventures.
A new addition to this year’s Venture Capital in Education Summit is the “Education Innovators Showcase.” The Showcase will provide a select group of 10 early-stage companies that are poised to make their mark in the education sector the opportunity to present their companies to the Summit attendees. The companies will be selected through an application process that will be judged by representatives from Berkery Noyes and Startl. The participating companies must be pre-series A enterprises that have demonstrated market traction and are deploying innovative technologies for learning. Companies that meet these criteria and are interested in applying for this rare opportunity can apply at wizehive.com/.
Startl Co-Founders and Managing Directors Phoenix Wang and Diana Rhoten recognize the Venture Capital in Education Summit as instrumental in accelerating the growth of digital innovations for learning at a critical juncture. “In an age where more youth are dropping out of school at alarming rates, and the success of our education system—pre-K-12 through postsecondary—is the key determinant for America’s competitiveness, it is incumbent upon educators and investors alike to take notice and redirect their resources to innovation that meets the needs and interests of students,” explains Wang. “By bringing together a diverse collection of experts and thought leaders to speak to the emerging trends within the transformative education sector, we expect The Summit will serve as a catalyst for further advancement and innovation in achieving this nation’s education goals,” adds Rhoten.
Joining Berkery Noyes and Startl in supporting the Venture Capital in Education Summit 2010 are co-sponsors Hogan Lovells, Parsons New School of Design, Scholastic and CSG|PR. Space is limited.
About Berkery Noyes
Berkery Noyes (berkerynoyes.com) is one of the pre-eminent merger and acquisition firms serving the education and information industry, having completed more than 400 transactions since its inception. Among the most recent education transactions include Rockbridge Growth Equity's acquisition of Northcentral University, KUE Digital's acquisition of Excelsior Software, Leeds’ acquisition of Ex Libris and eInstruction's acquisition of Interwrite Learning. Berkery Noyes’ clients include private companies seeking a buyer, most of the major international information companies, and private equity firms who use the firm's expertise in locating, analyzing and negotiating with acquisition candidates and in managing divestitures.
Startl (startl.org) is a social enterprise dedicated to accelerating the growth of digital innovations for learning – from kindergarten to college, inside and outside the classroom. Focused on catalyzing next generation products with the greatest promise of transforming the education sector and the learning market, Startl recruits young innovators and entrepreneurs, immerses them in a rigorous product design and development process, and helps them build socially responsible and fiscally sustainable start-ups. Startl has received initial seed funding from the John D. & Catherine T. MacArthur Foundation, the William and Flora Hewlett Foundation, the Bill and Melinda Gates Foundation, the W.K. Kellogg Foundation and the Lumina Foundation.