(Photo courtesy of Milken-Penn)
Osmosis, a medical education review app, was the big winner at this year’s Milken-Penn Graduate School of Education Business Plan Competition, ending the day with $50,000 in prize money. The Philadelphia-based company won the grand prize ($25,000), beating out 11 other edtech startups, as well as another prize of $25,000. Osmosis was also recently awarded $150,000 by the Robert Wood Johnson Foundation.
Osmosis, which graduated from the DreamIt Health health IT accelerator in 2013, was one of four Philadelphia-based companies that made the finals of the annual competition. Each finalist has the opportunity to join the Education Design Studio, Inc. (EDSi), an edtech accelerator run in partnership with Penn GSE. EDSi will announce the participating companies in the coming weeks, said CEO Brien Walton.
Professor Word, a locally-based vocabulary tool that graduated from GoodCompany Group‘s social entrepreneurship accelerator last year, won the prize for “Innovation in the fields of Special Education and At-Risk Students” ($20,000).
Other winners hailed from New York City, San Francisco and Tanzania.-30-
South Jersey’s Wodify hops across the Delaware, moves HQ to Center City
These 6 companies made it to Backstage Capital’s first Philly accelerator
Orai lands $2.3M seed round led by Comcast Ventures
Join the team at Odessa working to shake up the global leasing industry
Food Connect is now saving 12,000 meals from hitting the trash can every month
Two Philly companies are joining an accelerator inside the ‘largest medical complex in the world’
This month in Technical.ly history: Remember when Venmo was a Philly startup?
How this Vistar Media software engineer succeeds on an ‘inclusive team’
Sign-up for daily news updates from Technical.ly Philadelphia