🧩 Micro Credential Momentum
This week we're focusing on Micro Credentials & Digital Transformation in Higher Education.
Happy Monday 👋
This week we're focusing on Micro Credentials & Digital Transformation in Higher Education. Don't forget to check out the 2024 Global Education Outlook, and sign up for our new Daily Newsletters Chart of the Day and Impact Capital Markets.
🧩 Micro Credential Landscape
With an annual investment of over $10 billion from 100+ million learners, micro credentials are gaining traction, and are also getting the attention of policy-makers and employers. Over the past few years, we've seen governments around the world signal recognition of short-form credentials as part of national lifelong learning, upskilling, and reskilling strategies and provide funding, both exploratory and more systematic, toward micro credential offerings. In some cases, micro credentials are being integrated to qualification frameworks. For universities, micro and 'alternate' credentials are a core part of most institutional plans and are shaping up to be more of an 'and' than 'or' strategy. Catch up on HolonIQ's most recent Micro Credential Webinar for more insights on the micro credential market.
Source. HolonIQ Global Higher Education Panel
HolonIQ is tracking hundreds of alternate and micro credential providers around the world, along with global policy shifts and initiatives of organisations, technology companies and universities as they grapple with changing learner and workforce preferences. During Q1 we're launching a HolonIQ Academic Subscription, tailored for universities and focusing on the data, insights and connections critical for innovation and impact in Higher Education & Workforce. Stay tuned for the launch.
HolonIQ Market Map - Micro Credential Categories
🔮 2024 Global Education Outlook
Just a few weeks ago, we launched the 2024 Global Education Outlook, HolonIQ's annual analysis of the global education economy, presenting over 180 pages of detailed market data, investment & analysis, strategic shifts and trends in education. Download the extract or purchase the full report. You may also be interested in our Global Economic Outlook, Global Climate Tech Outlook and Global Health Tech Outlook.
📊 Get your fill of HolonIQ Charts every week.
Subscribe to HolonIQ's new newsletter 'Chart of the Day', a daily newsletter that helps explain the global impact economy - from education to healthcare and climate technology. Subscribe to Chart of the Day.
📈 Education Capital Markets
HolonIQ tracks over 300 listed education companies and has the most comprehensive coverage of education acquisitions and investments. We powered the world's first Education Technology ETF and soon we launch a range of Stock Indices to track the daily performance of early Childhood, K12, EdTech, Tutoring and Test Prep and Higher Education companies worldwide.
Our new Impact Capital Markets newsletter tracks over 60 impact stock indices, including education, emerging economies and over 50 indices tracking climate technology and healthcare innovation. Subscribe to Impact Capital Markets for data-driven insights on capital powering impact.
🧨 Digital Transformation in Higher Education
Digital adoption and transformation remain the biggest challenge for universities (followed by funding/budget cuts, then student academic outcomes) according to the most recent result from HolonIQ's annual Higher Education Digital Transformation Survey. We are still gathering feedback from our Global Higher Education Panel and would love to hear from your institution! Participants of this research receive a full report and can nominate their institution for a HolonIQ Case Study. Participate.
Higher Education Digital Capability Framework (HEDC), HolonIQ
The HEDC framework offers an overarching view for institutions to map and benchmark digital capabilities across the learner lifecycle, ultimately to support practical and sustainable approaches to digital services and online learning. Learn more about the HEDC and use the Miro Template to kick off conversations at your institution.
💰 Education Deals of the Week
HolonIQ actively monitors and tracks capital flows that take place in the Education landscape, spanning across all regions and funding categories. Subscribe to our Daily Capital Markets newsletter to keep on top of education funding.
💰 Funding
🧠 Lilly Endowment has approved grants totalling $100 million to Purdue Research Foundation to support two major Purdue University initiatives.
📖 India-based learning platform ConveGenius raised $7M funding to advance generative AI and international expansion.
📜 Ambitio, an Artificial intelligence global admissions startup for higher education study abroad, raised $1.8M pre-seed funding to create distribution channels and for product development.
🗣️ Getmee, an AI-based personalized English language and employability coaching solution, completed a bridging round led by Access Capital Ventures.
💼 Acquisitions
🧠 Uwill, an on-campus mental health provider acquired Christie Campus Health which offers mental health and wellness support for college students.
🎓 QS, a higher education analytics and insight provider, acquired career navigation platform, 1Mentor.
📚 Baims, a K-12 online tutoring platform, acquired higher education tutoring platform Orcas for $11 million, and expanded its presence in the MENA region.
👩🏻🏫 Now Education, a supplier of staff for schools across the UK, completed a Management buyout that valued the company at $36M.