RNS Reach Story
Go to market news section Print
  -     

Education Ecosystem Distributes $1 Million Grants

Released 17:59 04-Mar-2020

RNS Number : 0513F
Education Ecosystem
04 March 2020
 

Education Ecosystem to Distribute $1 Million Grants to Developers

Education Ecosystem has announced the allocation of $1million in grant funding to developers. Education Ecosystem (LEDU) is a project-based learning platform that teaches professional developers and students how to build real products in areas such as programming, game development, artificial intelligence, cybersecurity, data science, and blockchain.

 

The grant funding was unveiled to provide developers on Education Ecosystem's network with the necessary resources to create new projects for the network viewers. The funding will be split across the categories mentioned above.

 

"We believe that the grant funding is the best way for us to support and reach our goal of becoming the largest project-based online learning platform in the world," said Education Ecosystem Manager Dusan Kolic "This funding is available to all developers who have the skills to create high-quality projects for our millions of worldwide viewers.

 

The grant will be allocated to the six areas that Education Ecosystem caters to - artificial intelligence, blockchain, cybersecurity, data science, game development, and programming - over a three year period. The funding will be divided equally per category and the number of recipients per category will be determined by demand. The funding rounds will be held as follows:

 

·      2020 - ⅓ of the fund will be allocated to all six categories

·      2021 - ⅓ of the fund will be allocated to the six categories

·      2022 - ⅓ of the fund will be allocated to the top 3 categories (based on interest from the grant applications).

 

Since the launch of Education Ecosystem's alpha product in 2015, the platform has been used by more than 1 million people from at least 194 countries. There are more than 200,000 pieces of video content on the platform created by at least 13,000 project creators. This funding will see more projects added to Education Ecosystem's platform.

 

The company will use a transparent and tried-and-tested system to determine who qualifies for the grant. As the platform is meant to benefit tech intermediates and experts, the funding will go to experienced developers with a proven track record in their areas of expertise. This is to ensure that only high-quality projects will be created with the aim of providing value to the viewers. Applicants have up to six months to prove to Education Ecosystem that they have the necessary experience and will be committed to this project for the duration of the funding. Applicants interested in receiving the grants should fill out this typeform.

 

About Education Ecosystem

 

Education Ecosystem (LEDU) is a project-based learning platform that teaches professional developers and students how to build real products in areas such as programming, game development, artificial intelligence, cybersecurity, data science, and blockchain. Content is organized around projects where students learn from watching videos of developers building products. The main participants in the ecosystem are project creators, viewers, moderators, API developers, and developer-focused companies.

 

Media Contact:

Brianna Weth

London, PR Agency

Email: content@education-ecosystem.com




This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRAUPUAAWUPUGMC
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Education Ecosystem Distributes $1 Million Grants - RNS