A consortium of leading non-profit and philanthropic organisations in the education sector in India have launched the 'EdTech Accelerator' to support foundational learning of children at-home. This consortium benefits from the expertise and support of founding partners Reliance Foundation and UBS Optimus Foundation with design and implementation by Central Square Foundation, British Asian Trust as Fund Manager and the U.S. Government, through the U.S. Agency for International Development (USAID), is providing technical assistance to support the fund design and management.
The Accelerator will fund eight high-quality edtech solutions from both non-profit and private organisations that aim to build, pilot, measure, and test innovative ideas. Impact-focused grant funding and dedicated mentoring support will be available in year one, and grants to further scale up this work will be available in year two, thereby impacting up to 2.5 million children by 2025. Applications are now open for the EdTech Accelerator, claimed by the company in a statement.
https://www.entrepreneur.com/en-in/news-and-trends/edtech-focused-accelerator-launched-to-support-foundational/440773