An overview of the Italian education system for ed-tech investors
Technology is reforming the working style of every industry, and the education sector is no exception. Now, numerous institutions and universities are relying heavily on technology and digital platforms to provide quality education to students.
Due to this, the investment in ed-tech is also growing. In fact, according to reports, the edtech market represented a $227 billion opportunity globally in 2020.
I have been recently involved in an Edtech progecct in Italy and I have been impressed with the numbers, something that all the teachers with an interest in the development of new technology should consider. In fact, if we talk particularly about the Italian landscape, the investment in an ed-tech startup has doubled since 2020.
The reason behind this spike is not merely due to high ROI but rather the added benefits of investing also pitch in. In short, you get the opportunity to avail Italian citizenship by investment. You can visit Bersani Law Firm for understanding more about the Italian citizenship program and its perks.
As for now, let’s continue the discussion about the Italian education system.
The Italian education system
The Italian education system is categorized into two sectors given below.
The University sector
It consists of higher education institutions such as public universities, online universities, legally
recognized non-public institutions, and high schools. The academic qualifications provided by
these institutions prepare students for recruitment and actual work in office settings.
The AFAM sector
This non-university sector comprises higher education for Art, Music, and Dance. This sector
assists students who wish to pursue a career in artistic fields. Thereby, it includes ISIA (Higher
Schools of Design), Legally recognized Academies of Fine Arts, Higher Institutions for Musical
Studies, and State Academies of Fine Arts.
Even so, both these sectors require edtech to assist students with their learning and enhancing
abilities. Having said that, let’s learn about the untapped potential of education technology
startups for investment purposes.
The Italian edtech ecosystem
Despite the fact that investment in ed-tech startups has doubled, it is still among the lowest in
the whole EU region. This implies the scope of the industry is enormous. That’s why the
government is focusing on the following two measures to attract more investors.
Investment program
Italy is known to have a powerful residency by-investment program designed to provide long-
term residency to immigrants in Italy on the basis of funding. All an investor has to do is learn
about the potential government-authorized startup ideas and invest capital in them up to the
minimum decided limited, which in this case includes edtech companies. In return, the
government provides the Golden Visa Italy along with full EU rights and free Schengen Zone
Access. And, of course, there are tax benefits included.
National Recovery and Resilience Plan
According to statistics, the Italian edtech ecosystem’s net worth is approximately $564 million.
To boost this further, the government has taken measures such as investing 20 billion euros to
strengthen the education system. Because of the government’s support, investors feel secure
about the capital and, thus, are willing to make more investments. In short, this is igniting the
edtech’s investment in Italy.
Conclusion
This article was about the Italian education system that edtech investors must know. Nevertheless, the boom we are experiencing in the sector is not just limited to Italy and there are many incredible benefits to potential investors.