The expansion of broadband, reduction in price of access devices, and powerful application development platforms—all primarily a result of private investment—have changed the opportunity set.
Equally exciting is the development of social entrepreneurship—impact-oriented enterprises with a return-seeking or at least sustainable business model.
The worldwide recession accelerated the instincts of and opportunities for the Millennial generation to do meaningful work. Talent is being attracted to problems in global education with the expansion of career options in addition to being a teacher.
The amount and quality of proposals makes it easier to seek high impact and high return.
Click here to read the 5 categories I believe where private capital will play an important role. You will also find a link to my AEI paper "Coordinated public-private partnerships (PPP) will be key to meeting the unique challenge of rapidly scaling access to quality education. Private investment will not fix the problems with education, but it will not be fixed without it."
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