Charles Town, W. Va., May 20, 2015 – American Public University System today announced that it presented a $20,000 Venture Path prize to Conshohocken, Pennsylvania-based Byndr as part of the 2015 Milken-Penn GSE Education Business Plan Competition (EBPC).
Formerly known as the APUS Prize for Innovation in Online Education, the award recognizes maturing, but still early-stage, start-up ventures addressing the higher education marketplace. The competition recognized 12 winners overall from a total pool of 20 finalists, with a total of $140,000 in prize funding and eligibility to participate in the Education Design Studio Fund.
Byndr, a mobile learning management system designed for emerging higher education markets, is currently being used by three universities in India. A cloud-based platform with a social media-like interface, it frees institutions from having to set up or maintain servers.
“I’m very pleased to congratulate co-founders Joseph Freed and Praveen Vangeepuram for their innovative, mobile-centric platform that allows faculty and students anywhere in the world to collaborate online,” said Dr. Wallace E. Boston, APUS president & CEO. “Its ability to bring course content to life on any web-enabled device clearly demonstrates their commitment, like our own, to advancing the ease and capabilities of distance learning in higher education.”
Now in its sixth 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 13. 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.
About American Public University System
American Public University System, winner of the Online Learning Consortium's (OLC) Ralph E. Gomory Award for Quality Online Education and four-time recipient of the OLC's Effective Practice Award, offers more than 90 online degree programs through American Military University and American Public University. More than 50,000 alumni worldwide have benefited from APUS's relevant curriculum, affordability, and flexibility in pursuing and earning degrees in such areas as business, information technology, and security and global studies. For further information, visit www.apus.edu.