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HESS Industries Ltd. at the Braintree Business Development Center in Mansfield - Photo Bob Perkoski
HESS Industries Ltd. at the Braintree Business Development Center in Mansfield - Photo Bob Perkoski | Show Photo

Innovation & Job News

ed tech idea challenge grant program launches to support entrepreneurs

Turning Technologies and the Youngstown Business Incubator (YBI) have launched the Ed Tech Idea Challenge Grant Program to support entrepreneurs with a passion for transforming education through innovation.
 
“The Ed Tech Idea Challenge Grant is a collaborative effort,” explains John Wilson, Director of Turning Foundation, an organization that aims to discover where the next great educational technology will come from and how the idea can become a marketable reality. Winning applicants of this annual competitive grant will receive up to $20,000 and access to YBI’s intellectual capital in support of starting up a business and developing an idea. The deadline to apply is Friday, December 14th at 4:30pm.

YBI has two of the nation's leading companies in the ed tech field -- Turning Technologies and Lightning Grader. Using compeition to spur innovation is the obvious next step, which Wilson and his staff believe could be the catalyst for invention.
 
“One of the exciting aspects of this kind of competition is that the truly innovative concepts are not something we are necessarily thinking about at this moment,” he says. “While I’m sure we will see iterations around possible mobile apps and digital content platforms for education, we also anticipate some ideas that are just not on the radar screen right now.”
 
The collaborative program will thrust aspiring entrepreneurs into the unpredictable waters of starting an enterprise from scratch, giving immediate real-life experience to tomorrow’s innovators.
 
“The entrepreneur will experience the ups and downs of developing a concept into a marketable product,” explains Wilson. “They will be surrounded by individuals at YBI at different phases of the same experience, and the collective wisdom, experience and support network will be valuable.”     
 
 
Source: John Wilson
Writer: Joe Baur
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