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Event Overview

Esperanza has been advocating the need to innovate how we teach and learn since its establishment in 2018. Recently it has been conducting a study to look into the education technology (EdTech) market developments and in what ways Hong Kong could develop itself as an education innovation and technology hub in the Greater Bay Area of China. Last November, we published an interim report on the global EdTech markets.


We have completed a draft report with a SWOT analysis of Hong Kong and recommendations on the way forward. You are invited to share your views on the recommendations at this online workshop on 29 March. We have also invited the Zurich based Jacobs Foundation to share how they work with VCs, universities and startups to unlock the social value of EdTech as a catalyst of learning innovation.


The event will be conducted in English and Cantonese (for breakout discussions).

Mar 29, 2022

4:00 PM - 6:15 PM GMT+8

What is EdTech?

EdTech refers to the applications of technology to make teaching and learning more effective and inclusive, from early childhood education to workforce development and lifelong learning. EdTech is an enabler of e-learning, online learning and technology education. Whilst the education system will take years to evolve, technology can be a catalyst of change.  If implemented effectively, EdTech can induce fundamental changes to how teaching and learning are conducted.  EdTech can also drive innovation in various industries in the digital economy, and hence is essential to ensuring the competitiveness and sustainable development of every society.

Covid-19 has accelerated the growth of EdTech in the last two years and created new market opportunities globally. The EdTech market was valued at US$ 254.80 billion in 2021 and is expected to reach US$ 605.40 billion by 2027, growing at a CAGR of 15.52%. EdTech Venture Capital reached 3 times the pre-pandemic investment levels in 2021, accelerating startups around the world with over US$20 billion of funding. 

Theory of Change

Learning is now extending well beyond schools and the first twenty odd years of a person's life.  Technology has made learning possible, anytime, anywhere and with anyone. The African proverb "it takes a village to raise a child' has taken on a new meaning with the world becoming the classroom.


We should be thinking of "learning for life ecosystems" with different players in the public, quasi-public, academic and private sectors, locally and internationally. An effective, system-wide change strategy (UNESCO 2012) requires the following elements:


  • a focus on key strategies 
  • a small number of publicly stated, inclusive, ambitious yet achievable and well-grounded goals
  • an emphasis on capacity building and a focus on results
  • continuous learning with innovative ways
  • importance of research and data
  • effective use of resources
  • strong implementation and follow-through
  • multi-level engagement with strong leadership and a "guiding coalition"
  • a regional perspective to harness the resources and strengths of different places


Having regard to the Theory of Change and the views collected in the study, Esperanza has come up with a set of recommendations grouped under 6 categories: goal setting, ecosystem development, capacity building, funding support, facilitating uptake of EdTech solutions and closer collaboration with GBA and other Mainland authorities. Workshop participants will receive an advance copy of the draft report.

Work of Jacobs Foundation

The work of the Jacobs Foundation is a good example of how an ecosystem approach could create impactful and sustainable changes in teaching and learning. The Foundation has invested CHF 40 million to unlock the impact of EdTech globally through three major mutually reinforcing initiatives:


Learning EdTech Impact Funds (LEIF): A total of CHF 30 million is deployed through leading EdTech Venture Capital (VC) funds (e.g. Brighteye Ventures, Learn Capital, Rethink Education and Sparkmind.vc) to promote the use of evidence in EdTech among investors and portfolio companies.


Connecting the EdTech Research EcoSystem (CERES): Housed at University of California Irvine (UCI), CERES will spearhead pioneering, robust and open science structured around strategic learning and data sharing partnerships with EdTech companies and Education Foundations



Investing in Research and Systems Transformation (EdFIRST): The Foundation spearheads a fledgling alliance of leading foundations funding EdTech ventures and research to advance the industry's focus on evidence based impact. 

Agenda

  • 4:00 PM - 4:20 PMOpening Address
    Introducing key recommendations of the Esperanza study

    John Tsang

    Founder of Esperanza

    4:20 PM - 5:10 PMKeynote Address and Discussion
    Mr John Soleanicov will share the 2030 strategy of Jacobs Foundation and how they enter into an innovative alliance with VCs, universities and EdTech startups.

    The keynote will be followed by a discussion session with the university and VC partners of Jacobs Foundation: Pierre Dillenberg, Professor, Learning Technologies, Swiss Federal Institute of Technology ) and Litzie Maarek (Founding Partner, EduCapital)

    Pierre Dillenberg

    Professor, Learning Technologies at Swiss Federal Institute of Technology

    Litzie Maarek

    Founding Partner at EduCapital

    John Soleanicov

    Co-Lead Learning Schools at Jacobs Foundation

    5:10 PM - 5:55 PMBreakout Sessions
    Participants will join one of the 4 breakout sessions together with the facilitators and discussants:

    1. Goal setting, ecosystem development and regional/international cooperations
    2. Capacity building
    3. Facilitating uptake of EdTech
    4. Funding and investment

    Dr Jason Chan

    Assistant Dean (Innovation and Entrepreneurship) at College of Professional and Continuing Education, The Hong Kong Polytechnic University

    Daniel Cheng

    Chief Investment Officer at BlueTop Group

    Ka tim Chu

    Chairman at Hong Kong Association of Computer Education

    Joyce Chung

    Principal at Catholic Mission School

    Alessandro Di Lullo

    Co-Founder of SuperCharger Ventures

    Kenneth Kwok

    Founder and CEO of Global Citizen Capital

    Dr Nancy Law

    Professor at Faculty of Education, HKU

    Ada Wong

    Director of Ednovators

    Ivan Wong

    Public Sector Head (North Asia) at LinkedIn Hong Kong

    Dr Leo Yeung

    managing director and founder of MagiCube Limited

    Katy Yung

    Managing Partner at Sustainable Finance Initiative

    5:55 PM - 6:15 PMSharing Session
    Facilitators of the 4 breakout sessions will share their discussions.

    Dr Jason Chan

    Assistant Dean (Innovation and Entrepreneurship) at College of Professional and Continuing Education, The Hong Kong Polytechnic University

    Alessandro Di Lullo

    Co-Founder of SuperCharger Ventures

    Ada Wong

    Director of Ednovators

    Katy Yung

    Managing Partner at Sustainable Finance Initiative

Speakers

  • Dr Jason Chan (Assistant Dean (Innovation and Entrepreneurship) at College of Professional and Continuing Education, The Hong Kong Polytechnic University)

    Dr Jason Chan

    Assistant Dean (Innovation and Entrepreneurship) at College of Professional and Continuing Education, The Hong Kong Polytechnic University

    Read Bio
  • Daniel Cheng (Chief Investment Officer at BlueTop Group)

    Daniel Cheng

    Chief Investment Officer at BlueTop Group

    Read Bio
  • Stanley Chin (CEO of Treasure Capital Asia)

    Stanley Chin

    CEO of Treasure Capital Asia

    Read Bio
  • Ka tim Chu (Chairman at Hong Kong Association of Computer Education)

    Ka tim Chu

    Chairman at Hong Kong Association of Computer Education

    Read Bio
  • Joyce Chung (Principal at Catholic Mission School)

    Joyce Chung

    Principal at Catholic Mission School

    Read Bio
  • Alessandro Di Lullo (Co-Founder of SuperCharger Ventures)

    Alessandro Di Lullo

    Co-Founder of SuperCharger Ventures

    Read Bio
  • Kenneth Kwok (Founder and CEO of Global Citizen Capital)

    Kenneth Kwok

    Founder and CEO of Global Citizen Capital

    Read Bio
  • Pierre Dillenberg (Professor, Learning Technologies at Swiss Federal Institute of Technology)

    Pierre Dillenberg

    Professor, Learning Technologies at Swiss Federal Institute of Technology

    Read Bio
  • Dr Nancy Law (Professor at Faculty of Education, HKU)

    Dr Nancy Law

    Professor at Faculty of Education, HKU

    Read Bio
  • Bill Lee (Managing Director of JobsDB Hong Kong Limited)

    Bill Lee

    Managing Director of JobsDB Hong Kong Limited

    Read Bio
  • Kin Man Li (Principal)

    Kin Man Li

    Principal

    Read Bio
  • Litzie Maarek (Founding Partner at EduCapital)

    Litzie Maarek

    Founding Partner at EduCapital

    Read Bio
  • Jimmy Pun (CEO of Kaiyuan Education Fund)

    Jimmy Pun

    CEO of Kaiyuan Education Fund

    Read Bio
  • John Soleanicov (Co-Lead Learning Schools at Jacobs Foundation)

    John Soleanicov

    Co-Lead Learning Schools at Jacobs Foundation

    Read Bio
  • David Tait (Founder/CEO of Mandarin Matrix Limited)

    David Tait

    Founder/CEO of Mandarin Matrix Limited

    Read Bio
  • John Tsang (Founder of Esperanza)

    John Tsang

    Founder of Esperanza

    Read Bio
  • Ada Wong (Director of Ednovators)

    Ada Wong

    Director of Ednovators

    Read Bio
  • Ivan Wong (Public Sector Head (North Asia) at LinkedIn Hong Kong)

    Ivan Wong

    Public Sector Head (North Asia) at LinkedIn Hong Kong

    Read Bio
  • Dr Leo Yeung (managing director and founder of MagiCube Limited)

    Dr Leo Yeung

    managing director and founder of MagiCube Limited

    Read Bio
  • Katy Yung (Managing Partner at Sustainable Finance Initiative)

    Katy Yung

    Managing Partner at Sustainable Finance Initiative

    Read Bio
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