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Empowering EdTech Entrepreneurs

The EdTech Next Report and subsequent studies by the Founders Foundation paint a qualitative picture in the form of data with a focus on the state of NRW.

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EdTech NEXT Report & STUDIES

The education world is on the verge of a digital transformation the likes of which we have never seen before. Structural challenges and the clear need for digitization have put EdTech solutions – from tutoring apps to e-learning platforms to administrative software – in the spotlight, especially since the onset of the Corona pandemic. Companies are increasingly recognizing the value of digital education offerings, especially in light of the skills shortage. Digital education is no longer a “nice-to-have,” but a key element in addressing structural challenges and investing in workforce development. One exciting detail: North Rhine-Westphalia is already showing signs of becoming a European EdTech hotspot. But to take advantage of this lead, targeted support and promotion of our EdTech startups is crucial.

METHOD

Quantitative and qualitative data collection based on data from Brighteye Ventures, Dealroom and the mmb Institute.

FREQUENCY

Annual

Timeframe

Dezember 2022 - August 2023

SINCE 2020, THE FEDERAL STATE OF NRW HAS EXPERIENCED A BOOM IN THE ESTABLISHMENT OF EDTECH STARTUPS

+120STARTUPS

83% B2B STARTUPS

EdTech Next Report Request

The trends in the education market make one thing clear: EdTech startups are crucial for shaping the future education landscape. As an EdTech location, NRW is showing how targeted support can lay the perfect foundations for strengthening Germany as a whole as an education location.

Nik RiesmeierTeam Lead EdTech Next
Nik Riesmeier

The use of innovative EdTech solutions can be an effective strategy to improve the education and training of employees while closing the gaps in the labor market in the wake of the shortage of skilled workers. Given the technological changes and automation trends, it is important that employees have the skills and competencies required for the jobs of the future. For this, innovative EdTech startups are necessary for Germany as a business location.

Celine HilbichTalent Acquisition Manager EdTech Next
Celine Hilbich

While forward-looking technologies such as blockchain, virtual reality or augmented reality still have almost no relevance for the education system, artificial intelligence is a trend that is sure to stay. Already today, every seventh EdTech startup uses this technology - and the trend is rising.

Sven GrabbePartner Manager EdTech Next
Sven Grabbe
Previous
Next

Why are data and insights from the EdTech Next report relevant?

The education technology industry is undergoing remarkable change, and sound data is critical to understanding and leveraging that change.

The Founders Foundation in Bielefeld has launched the EdTech Next Initiative to provide targeted support for innovative projects in the education sector. With an international network at its side, the initiative connects startups from NRW with potential customers worldwide and provides access to crucial investment capital.

Within its first year, the EdTech Next initiative has already achieved impressive success: Four startups were supported with an impressive total amount of 1.45 million euros from Investor:innen. In addition, 17 teams are currently being prepared in the incubation program to enter the market with their technological education solution.

The data from the EdTech Next Report therefore offers a deep insight into the potential and dynamics of this sector and is indispensable for anyone interested in the future of education technology.

EDTECH STUDIES

What digital education innovations are emerging against the backdrop of innovation pressure from the
pandemic or the shortage of skilled workers? What are the characteristics of the European EdTech market? And what
potentials, challenges and recommendations for action for the EdTech location of
NRW? These are the questions we have addressed in this study.

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Do you have any questions?

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Sven Grabbe

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