Stanford edutech startup NovoEd signs deals with multiple business universities to spearhead online business learning.
NovoEd, a massive open online course (MOOC) startup from Stanford, has signed deals with Stanford, Babson College and the University of California San Francisco to offer business-focused courses on its free-to-access learning platform.
NovoEd differs from other MOOC providers such as Coursera or edX due to its focus on business and entrepreneurship, as well as more student collaboration and team-based learning. Courses created following the latest deal will include subjects such as how to finance innovation and attract venture capital funding. It is the fourth MOOC platform to see Stanford involvement, with Coursera and Udacity both being startups from the institution and Harvard and MIT’s edX now merged with Stanford’s Class2Go MOOC platform.
NovoEd appeared in April this year, after a rebranding and relaunching of Stanford’s Venture Lab MOOC platform and a seed round from a number of venture firms for an undisclosed sum. At time of its relaunch, NovoEd had already attracted 170,000 students from 150 countries over the course of the year.
NovoEd’s business model follows that of its MOOC peers, whereby its courses are free-to-access on point of entry with a small fee upon completion for accreditation. It also retains some courses that are exclusive to Stanford students.
