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Special Report Examines Education Startups, New Approaches to Schooling
Monday, March 12, 2012
American Education's Newspaper of Record Launches New Line of Coverage About the K-12 Industry and Innovation in Schools.
CONTACT:
Kevin Bushweller
(301) 280-3100
kbushweller@epe.org
Editor’s
note:
For unrestricted access to the digital
edition of the report journalists can request a free link for reporting purposes. While content may be excerpted following fair
use guidelines, sharing of the PDF is not permissible.
WASHINGTON—March 12, 2012—As schools face
uncertain budget times and rapidly changing economic and technological forces, education
leaders are turning to new approaches to schooling, prompting what could become
a major shift in how K-12 education is organized and delivered. This openness
to innovation is spurring policy changes, sparking entrepreneurship, and giving
birth to new programs and products with the potential to transform student
learning and school operations. Fueling
this engine of ideas and enterprise, venture capital has flowed into K-12 education
at an explosive rate, with 2011 marking the highest transaction values in a
decade.
As
part of its efforts to track this rapidly evolving field, Education Week has released a new special report—Accelerating Innovation: New Companies and
Initiatives Bet on Transforming K-12—that examines the dynamic education
marketplace and new approaches that are sweeping across the nation’s
schools. (A special digital edition of
the report can be downloaded for free with registration at www.edweek.org/ew/collections/innovation-report-2012.) The report examines the growth of education
startup companies over the past few years, the reasons many fail while others
succeed, and the lessons regular public schools can learn from charters. Among the other forces propelling change are
new models of hybrid learning that blend online and face-to-face instruction,
state efforts to emphasize academic performance and competency rather than seat-time
requirements, and the federal government’s emerging role as an accelerant for
innovation in schools.
The
report also points to concerns among business leaders and educators that,
despite vibrant pockets of K-12 innovation, precollegiate education has been
slower than other sectors of the economy to embrace new ways of doing
things. “When you look at how much
faster innovation happens in other sectors than it does in education, I always
wonder why we are such a laggard,” U.S. Secretary of Education Arne Duncan said
in an interview.
Accelerating Innovation is part of an
ambitious new “Industry & Innovation” project launched by Editorial
Projects in Education—the nonprofit publisher of Education Week—to chronicle the business side of K-12 education,
broad-based efforts at innovation, and an array of influential players that
includes entrepreneurs and startups, major corporations and established
businesses, and policymakers and philanthropists. With support from the Bill
& Melinda Gates Foundation, the project will produce a robust body of news
coverage, as well as blogs, e-newsletters, live and virtual events, and a
dedicated online channel. Readers can
start following developments in the education industry at Education Week’s new Marketplae K-12 blog (www.edweek.org/go/marketplaceK12).
# # #
Editorial Projects in
Education (EPE) is a nonprofit, tax-exempt organization based in
Bethesda, Md. Its primary mission is to help raise the level of awareness and
understanding among professionals and the public of important issues in
American education. EPE covers local,
state, national, and international news and issues from preschool through high
school and beyond. It publishes Education Week, America’s newspaper of
record for precollegiate education, Digital
Directions, the Teacher Professional Development
Sourcebook, and the Top School Jobs
employment resource. EPE also produces
periodic special reports on a wide range of issues, publishes books of interest
to educators, and hosts numerous live and virtual events.
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