> ## Content Index > Fetch the complete content index at: https://newsletters.qs.com/llms.txt > Use this file to discover other available public pages before exploring further. # πŸ§‘β€πŸ’Ό OPMs, Funding for Workforce Training Initiatives + HolonIQ Back to School Summit - URL: https://newsletters.qs.com/opms-funding-for-workforce-training-initiatives-holoniq-back-to-school-summit/ - Published: 2024-07-29T11:30:25.000Z - Updated: 2024-07-29T11:30:25.000Z - Description: 2U filed for Chapter 11 bankruptcy, with OPM regulations delayed until 2025. The US offers $65M for community college workforce training. Join the Higher Education & Workforce Track at HolonIQ's Back to School Summit. - Author: QS - Tags: Higher Ed **Happy Monday πŸ‘‹** OPMs are again in the spotlight this week with the 2U bankruptcy filing and delayed Online Program Management (OPM) regulations. 2U, the OPM company once valued at nearly $5.5B, has [announced it has filed for Chapter 11 bankruptcy](https://www.highereddive.com/news/2u-chapter-11-bankruptcy-restructuring/722358/?ref=newsletters.qs.com) and meanwhile, the US postponed [new regulations for OPM companies until 2025](https://www.insidehighered.com/news/government/politics-elections/2024/07/22/opm-regulations-pushed-2025-if-they-happen-all?ref=newsletters.qs.com) or beyond, leaving them largely unaffected for now. This week also sees continued efforts by governments to direct education spending to programs with a more immediate impact on jobs, with community colleges in the US able to apply for the [US Department of Labor’s $65 million Strengthening Community Colleges Training (SCCT) Grants](https://www.ccdaily.com/2024/07/round-5-for-scct-grants-is-open/?ref=newsletters.qs.com) program, aimed at scaling workforce training in critical sectors. Expect to see continued focus on funding and policy for, and measurement of education and training with a clear path to jobs, presenting a large opportunity for traditional higher education institutions, albeit within an expanded competitive landscape. HolonIQ’s [Higher Education analysis](https://www.holoniq.com/notes/the-future-of-post-secondary-education-in-the-us?ref=newsletters.qs.com) explores how could play out in the market. ![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2024/07/Highered.png) ## **πŸŽ‰** Summit: Higher Education & Workforce Track Engage with the people and ideas that are shaping the future of Higher Education. Tickets are selling fast for the HolonIQ[ Back to School Summit in New York](https://www.holoniq.com/holoniq-2024-back-to-school-summit-new-york?ref=newsletters.qs.com) on September 10–11 in New York City. The Summit brings together 500 influential leaders from Pre-K to Higher Education and Workforce, Philanthropic foundations, leading education companies and policymakers, major institutional investors, and technology leaders for roundtables, presentations, and networking. 2024 will follow three broad tracks; Foundations & Philanthropy, Higher Education & Workforce and Technology & Finance.[ Register here](https://www.holoniq.com/holoniq-2024-back-to-school-summit-new-york?ref=newsletters.qs.com). [![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2024/07/Back-to-School-2024--2-.png)](https://www.holoniq.com/holoniq-2024-back-to-school-summit-new-york?ref=newsletters.qs.com) ## πŸ’ͺ Power Moves **πŸ“š KKR to Acquire Instructure in $4.8 Billion Edutech Deal.** KKR, a global investment firm, has agreed to [acquire](https://www.instructure.com/press-release/instructure-to-be-acquired-by-KKR?ref=newsletters.qs.com) Instructure, the company behind the Canvas LMS, in an all-cash deal valued at approximately $4.8 billion. πŸ˜” **Online Education Platform 2U Files for Bankruptcy**. 2U, an Online Program Management (OPM), has filed for [bankruptcy](https://www.highereddive.com/news/2u-chapter-11-bankruptcy-restructuring/722358/?ref=newsletters.qs.com) after facing financial challenges and was unable to continue operations. 🀝 **Major Partnership to Boost Career Opportunities**. ETS Solutions, Jobs for the Future Labs, and AstrumU have [partnered](https://www.businesswire.com/news/home/20230712113250/en/AstrumU-and-SHRM-Partner-to-Transform-Skills-Based-Hiring-for-Workforce-Development-Investments?ref=newsletters.qs.com) to transform workforce opportunities for over 10 million skilled career seekers. ## ✍️ Upskilling πŸ“š **IBM Launches Cyber & Data Analytics Upskilling Program.** IBM has launched a[ new program called IBM SkillsBuild ](https://technologymagazine.com/data-and-data-analytics/ai-upskilling-ibm-launches-cyber-data-analytics-programme?ref=newsletters.qs.com)to offer cybersecurity and data analytics certificates across US community colleges to boost workforce skills development in these areas. **πŸŽ“ Interplay Learning Expands Training Offerings for Universities.** Interplay Learning, a provider of immersive skilled trades training, has [released new facilities training courses](https://www.prnewswire.com/news-releases/interplay-learning-releases-new-cutting-edge-facilities-training-for-universities-302202980.html?ref=newsletters.qs.com) for universities. **πŸ“ˆ Malaysia Launches Future Skills Framework for Financial Sector.** Malaysia has [launched the Future Skills Framework (FSF) ](https://www.therakyatpost.com/press-release/2024/07/23/malaysias-first-future-skills-framework-launched-to-future-proof-financial-sector-talent/?ref=newsletters.qs.com)to ensure the financial sector's workforce remains relevant and skilled over the next three years by promoting continuous learning and skills mastery. ## πŸ’» AI in Education πŸ€– **UN Partners Launch Platform on Futures of Higher Education and AI**. The UN University (UNU) and UNESCO's IESALC[ launched a collaborative platform](https://sdg.iisd.org/news/un-partners-launch-hesi-action-group-on-futures-of-higher-education-and-ai/?ref=newsletters.qs.com) to study the trends, opportunities and challenges related to the future of higher education and artificial intelligence. πŸ“£ **Anthology Integrates Generative AI into Blackboard LMS**. Anthology, an education technology company, has [added generative AI capabilities to its Blackboard LMS](https://www.govtech.com/education/higher-ed/anthology-adds-generative-ai-tools-to-blackboard-lms?ref=newsletters.qs.com) to aid in tasks like lesson planning, student assessment, and multimedia creation. πŸ€– **Philippines Boosts AI Development with New Initiatives**. The Philippines government has[ launched the National AI Research Center (NAISR) 2.0 ](https://coingeek.com/philippines-propels-ai-innovation-with-national-roadmap-2-0-center-for-ai-research/?ref=newsletters.qs.com)and a National Roadmap to foster an ethical AI ecosystem, advance AI research and development, and drive innovation across sectors using AI. ## **πŸ’°** Deals of the Week πŸŽ“ **Jobs for the Future** has been awarded [$25 million by American Student Assistance ](https://www.bizjournals.com/boston/news/2024/07/22/jff-award-from-asa-for-career-center.html?ref=newsletters.qs.com)to create an online career center aimed at helping 20 million students & young people navigate their careers by 2030. πŸ’° **Uplimit**, a San Francisco-based company that provides AI-powered enterprise learning solutions, has [raised $11 million in Series A funding](https://www.edtechreview.in/news/uplimit-raises-11m-in-series-a-funding-round/?ref=newsletters.qs.com). **🀝 TeachMe.To**, a US-based firm that sustains a mentoring community, raised [$5M](https://www.finsmes.com/2024/07/teachme-to-raises-5m-in-seed-funding.html?ref=newsletters.qs.com) in a seed funding round led by Bling Capital to update and refine existing tools on its platform. --- **Thank you for reading. Have a great week ahead!** Have some feedback or suggestions? Let us know at hello@holoniq.com [ ](https://newsletters.qs.com/psychedelic-mental-health-treatments-south-asia-health-tech-100-2/)