Intel Education Accelerator, a specialized programme to help ed tech startups transform education, opened recently its doors and invests up to $100.000 at eight selected innovative ed tech startups. The Intel Education Accelerator lets selected companies receive guidance from technology, business and education experts; secure investments of up to $100.000 each from Intel Capital and leverage Intel’s global relationships with educators and governments in more than 100 countries.
After Intel Capital, Intel Corporation’s global investment organization, and Intel Education announced in April the formation of the accelerator, it received nearly 200 other applicants, half of them from overseas! The selected startups will begin a rigorous and enriching four-month program that will provide them with working capital, veteran mentorship and dedicated workspace in the heart of Silicon Valley. The four-month program culminates in a December 2 “pitch day” for the program’s entrepreneurs in front of prospective funders.