Philadelphia-based education innovations Osmosis and ProfessorWord both won awards at the 2014 Milken-Penn GSE Education Business Plan Competition on May 14.
Osmosis (osmosis.org) won the $25,000 First Prize from the Milken Family Foundation and the $25,000 American Public University System Prize for Innovation in Online Education. The smartphone app is designed for medical school students looking to improve their grades and their MCAT scores.
ProfessorWord (professorword.com) won the $20,000 Educational Services of America Prize for Innovation in the fields of Special Education and At-Risk Students. The website teaches vocabulary by highlighting SAT and ACT words encountered on sites through one’s normal Internet browsing.
The competition highlights entrepreneurs with startups in their early stages and gives them a platform from which to grow. It also allows the entrants to meet with top investors and researchers in relevant fields, who are present at and judge the competition.
Other winners in the competition include Totus Power, which provides classrooms in developing countries with power, Branching Minds, which identifies learning challenges in students, eduCanon, which teaches through interactive videos and Ubongo, which educates people in Africa using digital media.