🧑🔧 New Models for Learning for Workforce Readiness
Public-private partnerships and EdTech innovations are increasingly supporting large-scale workforce development initiatives. 5 Strategic Shifts in Workforce Education.
Happy Monday 👋
Public-private partnerships and EdTech innovations are gaining momentum in skill development, with governments and institutions leaning on these collaborations to boost workforce readiness. This week, Nigeria's NerdzFactory’s announced a partnership with the Nigerian government and the World Bank to build digital skills for African youth, and in India, NxtWave partnered with India's National Skill Development Corporation to upskill 3 millions students in advanced technologies. Expect to see more EdTech companies partnering with government agencies for large-scale training initiatives.
HolonIQ analyses millions of market data points every day, using advanced technology to categorize data using our market taxonomies, identifying trends, opportunities and risks for our customers. The resulting scenarios and strategic shifts offer insights into likely future states and key elements underpinning change. For Workforce Education, there are 5 Strategic Shifts underpinning change over the next decade. Learn more about access to HolonIQ data and research.
💪 Power Moves
🌍 AWS Boosts Investment in Africa's Cloud Infrastructure. Amazon Web Services (AWS) has announced plans to invest an additional $1.7 billion in developing cloud infrastructure and services in Africa by 2029.
🎓 The National Skill Development Corporation (NSDC) and NxtWave have joined hands to launch the SkillUp India 4.0 initiative, aiming to empower over 3 million students with advanced AI, ML, and Full-Stack Development skills.
🏫 NYC Invests $100M to Enhance Early Education Programs. New York City announced a $100M investment to improve the city's 3-K and pre-K programs.
💰 Deals of the Week
💸 Invest4edu, an Indian education finance solution provider, received $3M in seed funding to expand its market presence.
🎯 Skillvue, an Italian-based skill assessment platform, raised $2.8M in a pre-seed round led by the Italian Founders Fund (IFF) and 14Peaks Capital to expand its operations and fund its product development.
⛑️ Ediphi, a Philippines-based safety and compliance training provider, raised $1.5M in Series A funding led by Tripadvisor co-founder and former CEO Steve Kaufer to expand operations and product development.
Thank you for reading. Have a great week ahead!
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