๐ง Empowering Mental Health: Education and the Workplace
Digital solutions and tools for mental health encompass a variety of resources, such as support platforms and educational materials that emphasize social-emotional learning. These resources are customized to suit the needs of both educational environments and workplaces.
Happy Monday ๐
The emphasis on mental health has increased in both educational and professional settings, prompting institutions and employers to adopt digital solutions to aid students and employees. These digital offerings range from preventive measures to monitoring and analytical tools, as well as applications, teletherapy, counseling services, and educational resources promoting mental health and well-being.
This Week's Topics
- ๐ง Wellness in Education & Work. Mapping 130+ global players in the landscape
- ๐ Chart Spotlight. Mental health issues in US students on the rise
- โ๏ธ Higher Education Digital Transformation. Participate in our survey
- ๐ Annual Education Outlook. 180+ pages of trends, insights, and data
- ๐ฐ Education Deals of the Week. Funding, M&A and grants
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. For unlimited access to over one million charts, request a demo.
๐ง Wellness in Education & Work
In recent years, there has been a focus on the importance of mental health and well-being for students and educators across the globe. This shift has illuminated the complex interlinkages between mental health, student performance, learning experiences, and educational outcomes and given rise to EdTech solutions. In the US alone, one in five students faces mental health challenges. A recent study revealed that anxiety is the third most common reason for student absences after physical illness and weather-related issues. In higher education, the demand for mental health services has been rising for more than a decade according to the American Council on Education.
Within the EdTech sector, there is a growing variety of digital solutions tailored to address various mental health obstacles. These encompass platforms for both prevention and management, as well as counseling and teletherapy services. Offerings span from content and curriculum, support for social-emotional learning, and organizational analytics for tracking and troubleshooting.
๐ง Wellness in Education & Work - Market Map
๐ Charts Spotlight - Mental Health Issues in US Students on the Rise
Subscribe to HolonIQ's 'Chart of the Day,' a daily newsletter that helps explain the global impact economy, from climate tech to education and healthcare.
Student mental health has been a global concern, worsening significantly during the pandemic's school closures and isolation. In the US alone, over 40% of students report persistent sadness and hopelessness, with over 20% contemplating suicide. Educational institutions are increasingly adopting technology-based solutions to support student well-being, integrating them into broader student support services.
โ๏ธ Participate in HolonIQ's Annual Higher Education Digital Transformation Survey
Digital adoption and transformation remain the biggest challenge for universities, according to results 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.
Digital Capability Gaps across People, Process, and Technology
The HEDC framework offers an overarching view for institutions to map and benchmark digital capabilities across the learner lifecycle 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.
๐ 2024 Global Education Outlook
HolonIQ's annual analysis of the global education economy offers over 180 pages of in-depth insights on market data, investments, strategic shifts, and trends in education. Download the extract or purchase the full report.
๐ฐ Education Deals of the Week
HolonIQ actively monitors and tracks funding flows in the education market, spanning across all regions and transaction categories. Subscribe to our Daily Capital Markets newsletter to catch the top deals for each day.
M&A
๐ค Corporate training provider Cornerstone OnDemand enhanced its learning solutions by acquiring extended reality capabilities from Talespin to help meet the evolving demands of the future workforce through immersive learning.
๐ง Singapore-based Genius Group Limited and OpenExO, an AI-driven global community of educators, entrepreneurs, and enterprises, have agreed to merge in an all-share transaction. This deal aims to create a worldwide AI Education Group to serve a network of 100 Genius Cities and prepare 100 million students for the exponential future.
๐ฐ Varthana Finance, a NBFC focusing on affordable private schools and higher education in India, has acquired the School Portfolio of Indian School Finance Company (ISFC) for $15M. With the acquisition, the NBFC will oversee term loans of 10,000 schools across 14 states.
University Grants
๐บ๐ธ LaGuardia Community College received a $116.2 million grant from the Steven and Alexandra Cohen Foundation for a new workforce training center, the largest donation ever to a US community college.
๐ฆ๐ช Sobha Realty donated $108.9 million to establish a new university in Dubai as part of the Motherโs Endowment initiative.
๐ฎ๐ช The University of Limerick (UL) receives a $1.8 million federal grant to subsidize education for 1,965 students through micro-credential courses and one-year professional diplomas. This grant is part of an initiative to reduce course fees nationwide, especially in key sectors such as ICT, Data, AI, and Sustainability.
๐ฌ๐ง Wales Innovation Network awarded over $125,000 in seed funding to sixteen collaborative research projects across Welsh universities, focusing on food security and health.
๐บ๐ธ Lumina Foundation awarded grants to seven higher education institutions in the US that proposed innovative solutions to make college admissions easier and more accessible.
๐บ๐ธ Hennepin Technical College plans to introduce a funded manufacturing program and internship tailored for adults with autism, supported by a $250,000 state grant.
Thank you for reading. Have a great week ahead!
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