The press announcement is below and over at edu.startupweekend.org. Huge thanks to Bill and Melinda for the support of Startup Weekend EDU.
Startup Weekend Receives $250,000 Grant from The Bill & Melinda Gates Foundation for EDU Events
SAN FRANCISCO, CA – November 2, 2011 – Startup Weekend, a non-profit organization, powered by the Kauffman Foundation, and Grockit, a social-learning Internet start-up, today announced that the Bill & Melinda Gates Foundation issued a grant in support of Startup Weekend EDU, a dedicated education (EDU) vertical within Startup Weekend that is designed to attract and assist the education community working to bring new solutions to the industry. With a grant of $250,000, the Bill & Melinda Gates Foundation is backing educators, developers, designers, marketers, product managers, and startup enthusiasts, all of whom share a common goal – to bring new innovations to education.
“The Kauffman Foundation is excited to have the Gates Foundation support this important initiative that will help entrepreneurs with innovative education business solutions learn how to execute their ideas,” said Nick Seguin, manager of entrepreneurship at the Kauffman Foundation. “Startup Weekend EDU builds upon the Kauffman Foundation’s interest in teaching entrepreneurs how to build successful education ventures that have the potential to be some of the next great high-growth companies of the future.”
Startup Weekends are 54-hour events where startup enthusiasts come together to share ideas, form teams, build products, and launch startups with the ultimate goal of bringing new innovations to education. October has already seen three successful Startup Weekend EDU events in Seattle, San Francisco and Washington. The first London Startup Weekend EDU event is slated for November, and the series will announce additional events around the world taking place over the next 12 months.
“Given its dedication to education reform and extensive networks in the space, the Gates Foundation is the ideal partner for us to scale the Startup Weekend EDU initiative,” said Farb Nivi, founder of Grockit.
To register for the London Startup Weekend EDU event please visit edu.startupweekend.org. To learn more about becoming a Startup Weekend organizer please visit startupweekend.org/about/event.