APUS Awards $25,000 APUS Prize for Innovation in Online Education to Osmosis
Philadelphia-based Start-up Also Recognized by Milken Family Foundation as Part of 2014 Milken-Penn GSE Education Business Plan Competition
Charles Town, WV, May 15, 2014 – American Public University System (APUS) today announced that Philadelphia-based Osmosis has received the 2014 APUS Prize for Innovation in Online Education. Part of the annual Milken-Penn GSE Education Business Plan Competition (EBPC), the $25,000 award recognizes the best business plan that leverages online/distance learning within higher education.
Osmosis offers a desktop and mobile application that extracts data from medical school curricula and uses a cluster algorithm to import and aggregate related articles, videos and other content. Co-founded by Shiv Gaglani and Ryan Haynes, the company also won the $25,000 Milken Family Foundation First Prize in the competition, and was invited to participate in the Education Design Studio Fund, created in 2013 in tandem with EBPC.
“It’s a great honor to recognize Shiv and Ryan for their innovative web and mobile educational platform that helps clinicians discover, learn, and retain medical information more efficiently,” said Dr. Wallace E. Boston, APUS president & CEO. “It is a wonderful testament to how technology advancements have directly contributed to the continuing growth and success of e‐learning in higher education.” Dr. Boston, a Penn GSE graduate, served as a judge for the competition, which recognized eight winners overall with a total of $140,000 in prize funding.
Gaglani, Osmosis CEO, is an MD/MBA candidate at Johns Hopkins and Harvard Business School. He curated the Smartphone Physical at TEDMED 2013, and is an editor of Medgadget. Haynes, Osmosis CTO, is a second-year MD candidate at Johns Hopkins with a PhD in neuroscience from Cambridge. He's a self-taught programmer with a track record in creating educational software.
Now in its fifth year, EBPC stimulates cutting-edge ideas--whether local or global, profit or non-profit, or preschool through adult learning—that serve the world’s educational needs. The 12 finalists presented their projects—showcasing the best and most promising new ventures in the field—to a select judging panel of industry leaders on the Penn campus on May 14. EBPC was launched in 2010 as a partnership between Penn GSE and the Milken Family Foundation, and marks the first-ever funded education business plan competition. For more information go to: http://nestcentral.org.
Click here to view the photo of APUS President & CEO Dr. Wally Boston with Osmosis co-founders Shiv Gaglani and Ryan Haynes.