OnRamp Education & Workforce Innovation Accelerator has been launched by ECMC Group and Gener8tor and will provide each participant with $100,000 in funding.

Nonprofit student loans guarantor and education services provider ECMC Group has teamed up with accelerator operator Gener8tor to launch a scheme focused on education and workforce-related business models.

OnRamp Education & Workforce Innovation Accelerator will take on five startups each year, providing each with $100,000 in funding in addition to mentoring, office space and networking opportunities over a three-month period.

The scheme builds on existing Gener8tor OnRamp accelerators targeting insurance, manufacturing, agriculture and healthcare. ECMC and Gener8tor will also sponsor…