U of M spins out another startup

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Early Learning Labs My IgdisThe University of Minnesota Office for Technology Commercialization has successfully completed another licensing deal with the launch of Early Learning Labs, which is introducing myIGDIs.

“Now that we’ve finalized our agreement, we’re excited to continue building on the innovative work that originated at the U of M and immediately start offering services to users,” said Early Learning Labs president Steve Johnson, who “developed an interest in early stage growth companies while a student at the University.”

MyIGDIs (short for individual growth and development indicator) provides technology-driven assessment resources public and private schools evaluate and monitor early childhood development. The standardized and formative system enables early childhood educators to identify children at-risk of poor learning outcomes early and communicate development goals often to help guide children toward school readiness.

“Only 50% of kids in the state of Minnesota ages 3 – 5 go into kindergarten proficient based on the latest data, meaning that half of them are not prepared.  MyIGDIs puts more of these kids on track in becoming proficient earlier and faster,” Johnson said when speaking to the real need for what myIGDIs can offer.

Formerly known as Get it Got it Go! — myIGDIs  breaks down intro three components:

  • Assess: Informational materials and assessment tools for measuring the developmental growth of young children.    Traditionally accomplished by analog means, the plan is to offer a mobile/online format.
  • Report: Individual data is entered into the software database, which will generate custom reports to monitor the developmental growth of individual children and groups of children, and determine if intervention is necessary.
  • Train: The ability to communicate and collaborate remotely with parents about a child’s progress over time and create personalized online/offline training plans designed to improve outcomes.

MyIGDIs is build off more than a decade of research pioneered by Dr. Scott McConnell, now co founder of the new company. To date, the product has been used by over 11,000 schools and tested over 180,000 preschool children, according to Johnson.  The market for myIGDIs includes over 325,000 licensed/regulated childcare centers in the U.S. and 12.2 million preschool-aged children.

Early Learning Labs already has revenue and raised a small seed round of capital from local angel investors, to be applied on the next phase: digitizing the entire system and building out additional features.

Get it Obtain informational materials and assessment tools for measuring the developmental growth of young children.
Got it Enter individual child data, get score recording forms, and generate graphical reports to monitor the developmental growth of individual children and groups of children, and determine if intervention is necessary.
Go! Communicate and collaborate about a child’s progress over time and about intervention plans to improve child outcomes.

Comments

  • http://twitter.com/casey__allen Casey Allen

    Everybody watch this company. I predict a nice exit in 2015. Congrats Scott, Steve, and team!

  • http://www.facebook.com/profile.php?id=13905834 Ahmed Siddiqui

    Big congrats to my boy Steve!  This is great!

  • Darren Cox

    Two words…CASH MACHINE!

    Way to go Steve! I am proud of you.

    Dag

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