As the global technology industry rapidly evolves and Minnesota’s own sector continues to grow, seeds are sprouting. Look at SaaS, Mobile and Health IT — to name a few.
If it wasn’t already, EduTech is now officially on the list of our hot pockets.
We recently witnessed the rise of Naiku and Capella backed GoKart Labs spinout Sophia — timely examples of the emerging opportunity here. Both startups were then nominated for a Tekne Award in the first year category . Earlier in the year, Logix Learning and Flying Word Launched. Scantron even made an acquisition.
And it could be said that solving education-oriented problems matters and that there’s no place like home.
“Minnesota edutech cluster a $1b plus market, ” estimates Chad Johnson, Managing Director at Cherry Tree and sponsor of the Minnesota 2011 EduTech Showcase & Forum slated for October 5th at U of M’s McNamara Alumni Center.