Village Capital partnered with Citi to support entrepreneurs solving the biggest problems in education through technology, with the intention to scale their solutions to US school districts and their global equivalents.
The achievement gap between high-income students (those at or above the 90th percentile of income distribution) and low-income students (those at or below the 10th percentile) has worsened in almost every state over the past decade and widened in some learning areas by as much as 40 percent in the last quarter-decade.
Village Capital’s unique approach has the potential to unlock a new group of startups with technology solutions and the potential to narrow the achievement gap, enhance education for low-income students, and improve student performance.
The program was further supported by content partners Kauffman Foundation, Owl Ventures, New Markets Venture Partners, New Schools Venture Fund, Pearson, and the ReThink Education.
The three-month program brought together entrepreneurs, industry experts, policy experts, and investors, putting them side-by-side to solve problems in education together. Set in DC and Chicago, IL–two of the largest school districts in the US–the entrepreneurs participated in three, intensive business development workshops where they reviewed the fundamentals of their ventures, met one-on-one with high school students and mentors alike, and gave each other honest, critical feedback. At the end of the program, the entrepreneurs ranked each other to choose the two companies to receive $100,000 in investment.
The program took place on:
Workshop 1: January 20-23 (D.C.)
Workshop 2: February 25-28 (Chicago)
Workshop 3: March 30- April 2 (D.C.)
Venture Forum: April 1 (DC)