Bangalore: Village Capital, a leading global venture capital firm, launched applications today for its Education: India 2017 program, which will support and invest in early-stage education companies across India. The program is being supported by Omidyar Network, a philanthropic investment firm that helps scale innovative organizations and catalyse economic and social change.
India has the largest K-12 student population in the world, with over 260 million children enrolled in schools across the country. While access has improved over time, educational outcomes remain poor for a majority of these students, ultimately affecting their earning capabilities and long-term well-being.
Education: India 2017 will champion entrepreneurs and companies who want to transform the way K-12 students learn and grow. Village Capital and Omidyar Network are interested in a wide array of companies, ranging from innovative school and after school models to those offering technology that enables personalized learning for students. After an extensive application and selection process, Village Capital will select a cohort of 12-15 companies to undergo a highly personalized, three-month non-residential program focused on investment-readiness.
The selected companies will participate in three four-day workshops where they will work with Village Capital’s award-winning investment-readiness curriculum and engage with potential customers, strategic partners, investors, and sector experts. At the end of the program, the top two companies in the cohort, as selected by their peers, will receive an offer of US$50,000 each.
Applications are now live at http://vilcap.com/program/education-india-2017/ , closing date July 14th!