Kaplan Edtech Accelerator

May 5, 2014

The Kaplan EdTech Accelerator is now accepting applications for its 2014 class--and the ten startups selected this time will get a little bonus. TechStars will invest $20K in each company in return for 6% equity (a fairly standard term). They will also each receive from Kaplan a $150K convertible debt note--up from $100K last year.

The ten startups in Kaplan's first class have already raised over $10M.

Applications are due May 5 for the program which will run from July 25 to October 22. Accepted companies will be announced around June 18.

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