Lyfta: an immersive educational storyworld platform

Acronym

Lyfta

Description of the granted funding

We need encouraging stories to help us better understand our world and each other. Lyfta aims to become a leading distributor of engaging, 21st Century learning content through its own platform, and answer to the growing need of interaction in teaching and 21st Century skills-based learning. Lyfta, an innovative SME, designs and produces high-quality, immersive learning environments, using virtual reality & augmented reality (VR&AR) and interactive 360⁰ storytelling combined with Finnish pedagogic expertise to suit the global needs of learning in the future. Lyfta is made by educators, for educators. Lyfta has a very experienced, passionate team with proven track records in the media and education technology (EdTech) industries. All the products offered through Lyfta’s platform include extensive teaching materials suited to modern, Western curricula. Lyfta’s products have already been piloted in schools in the UK and Finland. Strong growth potential has led to rapid growth of the software and services segment of the EdTech market. Education has been estimated to be the most growing sector in the global market of VR & AR. Lyfta already has a solid position in the VR and interactive storytelling industry, and is set to make a change in the way people learn. In this project Lyfta aims to develop new business models and concepts for its educational platform. In its vision, Lyfta will be the Netflix of 21st Century learning, where educational institutions and organisations across the world use the platform to purchase high quality off-the-shelf educational resources.
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Starting year

2017

End year

2018

Granted funding

LYFTA OY
Coordinator

Amount granted

50 000 €

Funder

European Union

Funding instrument

SME instrument phase 1

Framework programme

Horizon 2020 Framework Programme

Call

Programme part
Mainstreaming SME support, especially through a dedicated instrument (5284)
SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies (5437)
Topic
New business models for inclusive, innovative and reflective societies (SMEInst-12-2016-2017)
Call ID
H2020-SMEINST-1-2016-2017

Other information

Funding decision number

782619

Identified topics

languages, language policy