Bridging gaps in education
Softbank Group has joined India’s education market by leading a $150 million investment in local startup Unacademy. Th...
In Latin America and the Caribbean, more than 154 million children, or about 95% of enrolled students are out of school due to COVID-19, there is also a significant digital divide in the region threatening accessibility of remote learning and other educational technologies to all. Governments and start-ups are therefore stepping up to meet this challenge. Latin America is one of the most unequal regions in the world, with three quarters being categorised as low or lower-middle-income, and 30%living below the poverty line. Further, the richest decile oof Latin Americans still own 71% of the region’s wealth. The effect of school closures has a snowball effect. 9 out 10 children in Latin America and the Caribbean between 3 and 4-year-olds are exposed to at least one of the following major risk factors: emotional abuse, domestic violence, failure to receive early education, lack of support and inadequate care. Finding quality affordable childcare can be a challenge. Further, 80 million children in Latin America are currently missing out on school meals. In many Latin American countries, the percentage of children under 15 whoa re considered internet users are under 50%. In small towns such as Arbelaez, Colombia - teachers send homework to students by Whatsapp, even though only 30% of them have access to the application. Nonetheless, all these gaps provide a gap and entry for startups to take advantage and help.Â
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In Latin America and the Caribbean, more than 154 million children, or about 95% of enrolled students are out of school due to COVID-19, there is also a significant digital divide in the region threatening accessibility of remote learning and other educational technologies to all. Governments and start-ups are therefore stepping up to meet this challenge. Latin America is one of the most unequal regions in the world, with three quarters being categorised as low or lower-middle-income, and 30%living below the poverty line. Further, the richest decile oof Latin Americans still own 71% of the region’s wealth. The effect of school closures has a snowball effect. 9 out 10 children in Latin America and the Caribbean between 3 and 4-year-olds are exposed to at least one of the following major risk factors: emotional abuse, domestic violence, failure to receive early education, lack of support and inadequate care. Finding quality affordable childcare can be a challenge. Further, 80 million children in Latin America are currently missing out on school meals. In many Latin American countries, the percentage of children under 15 whoa re considered internet users are under 50%. In small towns such as Arbelaez, Colombia - teachers send homework to students by Whatsapp, even though only 30% of them have access to the application. Nonetheless, all these gaps provide a gap and entry for startups to take advantage and help.Â
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