Edtech Startups at Imagine K12 Now Get $100,000 Each
Imagine K12, the Palo Alto, Calif.-based startup accelerator that focuses on education technology, is adopting a precedent from Y Combinator (with which it shares some partners, advisers and backers) to give participating startups $80,000 in convertible debt (in addition to about $20,000 in investment) so they can better build and test their ideas. The program offers rolling admissions.