Expanding Edtech Investment Globally: a Conversation with Lumos Capital Group and WISE

The World Bank funds education projects – about 80% of which now have an edtech component – in low and middle income countries. Many of the Ministries of Education in these countries have a growing recognition of the importance of building education ecosystems that try to encourage private sector innovation and entrepreneurs in edtech. Today, our World Bank EdTech team, Robert Hawkins and Dean Kline, is speaking with Victor Hu of Lumos Capital Group (https://www.lumoscapitalgroup.com) and Stavros Yiannouka of WISE (https://www.wise-qatar.org) about the state of the edtech investment environment globally. They speak about the prospects for edtech investment in low- and middle-income markets. WISE and the World Bank are leading a new Community of Practice starting with 20 EdTech Innovation Hubs from around the world and today they discuss how this Community might be of help to bring quality edtech to emerging markets and address the needs of underserved learners.  For reference, we generally define an EdTech Ecosystem as a network of actors (public, private, forprofit, non-profit) that come together to maximize the impact of technology for quality education.