David Muse Photography

IIIII

IIV

@FrankBonsal #BmoreEdTech + #ETIS16@TUincubator

EdTech InnovationA ‘Must-Have’ – in Baltimore – and Around the World

Source: The Industries that are Being Disrupted the Most by Digital, by Rhys Grossman , Harvard Business Review

#BmoreEdTech + #ETIS16

The EdTech Industry: Since ‘2010’

2

M.S., Education Entrepreneurship

SWEDU $2.3B

The Education Industry, 2002-2012: The Era of Resilience + The Emerging Education Industry: The First Decade

Edtech is the next fintech, TechCrunch

#BmoreEdTech + #ETIS16

In EdTech, Build a Mission-Driven Dragon

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Unicorns vs Dragons, by John Backus (NAV.vc), via TechCrunch

N.B. Dragons return the fund, are fund makers. Unicorns are startups that exceed $1B valuation.

#BmoreEdTech + #ETIS16

Experience with Thousands of Education Companies

Past

Current

#BmoreEdTech + #ETIS16

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BOSTON

NEW YORK CITY

PHILADELPHIA

BALTIMORE(The DMV)

a

Design &Accelerate

Incubate• Build (+ Test)• Grow (+ Test)• Sustain

#BmoreEdTech + #ETIS16

Design, Accelerate, Incubate EdTech…

Incubate

Accelerate

Design

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#BmoreEdTech + #ETIS16

When you think of Baltimore Startups…

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Think of problem-solving in massive industriesthat leverage regional & institutional core competencies.

#BmoreEdTech + #ETIS16

8

1775-

1850-

1875-

1950-

2000-

#BmoreEdTech + #ETIS16

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•Resource Allocation Analysis (#edfintech)

•Founded 2013; Founder, TU Incubator Workshop Presenter

Allovue

•Research Curation and Writing

•Founded 2011; moved to BAL, 2013; TU Incubator Member, 2014-

Citelighter

•Next-Gen Teacher Effectiveness & Personalized PD

•Founded 2011; TU Incubator Member, 2014-

Lessoncast

•Massive college entry point cost reduction + learning flexibility

•Founded 2008 (inside Smarthinking, DC); moved to BAL, 2010; Founder, TU Incubator Mentor

StraighterLine

•Low cost, high value LMS built atop open source

•Founded 2005; acquired by Blackboard, 2012; Cofounder & early CEO, TU Incubator Mentors

Moodlerooms

•Quality online, blended, and place-based learning

•Founded 2001; acquired by Pearson, 2010; Founder, TU Alumna

Connections Academy

#BmoreEdTech + #ETIS16

We are praised by the Media

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StraighterLine finds support from USDOE• Technically Baltimore, August 2016

Village Capital is bringing its education startups to Baltimore next month• Technically Baltimore, June 2016

EdTech Startups Win Big in [UPenn] Business Plan Competition Funding• Education Week, May 2016

Here’s who won the TU Incubator Business Plan Competition• Technically Baltimore, May 2016

Dreamit Announces 2016 Cohort of Startups• PR Newswire via Dreamit, March 2016

Admit.me, ELSA, Words Liive Finalists in SxSWEdu Launch• EdSurge, March 2016

How an Incubator is helping Towson University Embrace Entrepreneurship• Technically Baltimore, February 2016

Baltimore’s Allovue raises $5.1 million• Baltimore Business Journal, December 2015

Fast-growing edtech startup Citelighter moves to its own space in Federal Hill• Baltimore Business Journal, October 2015

Baltimore fostering ‘thriving, emerging’ industry of education technology firms• Baltimore Sun, August 2015

#BmoreEdTech + #ETIS16

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#BmoreEdTech + #ETIS16

We are Entrepreneur-Focused

12

#BmoreEdTech + #ETIS16

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We are Mapping, Supporting, & Maturing the Ecosystem

#BmoreEdTech + #ETIS16

14Source: Based on the Babson Entrepreneurship Ecosystem Project

Infrastructure Non-Gov. Institutions

Support Professions

Educational Institutions Societal Norms

Success Stories

Financial Capital

Early Customers

Networks

Labor

Leadership

Government

Policy

Finance

Culture

Supports

Talent

Markets

#BmoreEdTech + #ETIS16

Working Not So Much

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Baltimore’s EdTech Future

Design + Acceleration

Programs

Increased Capital +

Policy Incentives

Proof of Concept Center

Northeast Corridor

Collaboration

Grow companies,

find liquidity,

and repeat

#BmoreEdTech + #ETIS16