SOURCE: Tallwave

Tallwave

February 19, 2014 11:15 ET

Education Technology Entrepreneurs Seeking to Find, Scale and Fund Innovation Are Invited to Apply for Tallwave's High Tide Lean Business Competition

Serving as a Connector in the Startup / Buildup Ecosystem, Tallwave Kicks Off Nationwide Search for the Most Promising EdTech Companies

SCOTTSDALE, AZ--(Marketwired - Feb 19, 2014) - Startups from across the U.S. with innovations poised to disrupt education are invited to apply for the recently launched High Tide™ for EdTech lean business competition, Tallwave announced today. Applications will be accepted until March 14, 2014 and can be completed online at www.tallwavehightide.com.

As a leading venture development firm and commercializor in the Southwest, Tallwave helps entrepreneurs build their early stage companies through sound capital strategy and well-executed go-to-market plans across multiple vertical market segments such as digital marketing, healthcare IT and EdTech.

In exchange for six percent equity provided to the Tallwave Commercialization Fund, up to 12 companies will be selected for inclusion in the Tallwave High Tide for EdTech lean business competition, backed by world-class advisors and partners from companies such as Google, Blue Canary, Greater Phoenix Leadership and Parchment. At the culmination of the six month program scheduled to kick-off May 1, two of the participants will receive $45,000 cash in the form of a convertible promissory note.

"You are seeing a transformation in education learning models, energized by the impact and use of technology in all areas of our lives, including laptops, tablets, and mobile devices," said Jaime Casap, Global Education Evangelist at Google, Inc. "Tallwave's High Tide for EdTech competition is set to fuel innovation with its hands-on approach for identifying, validating and commercializing the country's up-and-coming entrepreneurs who have the potential to transform the industry."

The selected entrepreneurs and their startups will proceed through rigorous validation, acceleration and commercialization boot camps, move-the-needle competitions and local, regional and national investor pitches in "pass/fail" scenarios. The entire effort is designed to strengthen their viability and likelihood of obtaining seed funding.

"There's a real need to build the infrastructure, products and services to support the changes that the education system wants," said Matthew Pittinsky, Ph.D., CEO of Parchment, a leader in education credentials technology. "Tallwave's focus on the EdTech market is timely and provides real value to startups seeking to grow rapidly, while minimizing risk."

"Arizona has become a nexus point in EdTech with the explosion of charter schools driving up the quality of education coupled with innovation from the state's universities and organizations such as the Science Foundation Arizona," said Donna Kent, senior vice president, Venture Development for Tallwave. "High Tide for EdTech will drive more startup development in the region and provide funding opportunities and market access to the most promising EdTech entrepreneurs from across the country."

About Tallwave:

Tallwave is a commercializor.

Headquartered in Scottsdale, AZ, with offices in San Francisco and Los Angeles, the company creates and maximizes commercial success and shareholder value for entrepreneurs and investors by validating, scaling and managing early-stage and growth ventures with a hands-on approach.

The combination of Tallwave's proprietary lean Business Blueprint™ system for product and company validation, and go to market strategy; its unique Operator Model™ for resource development and management, and the access to pre-seed through series A capital Tallwave makes available, sets the company apart from incubators, accelerators and venture capital firms whose business models limit the range of resources they provide.

For more information about Tallwave, visit www.tallwave.com.

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