The Black Student Fund, Latino Student Fund and NexTech AR Partner to Create Free Interactive K-12 Independent School Fair for Students of Color - Seite 2

Evan Gappelberg, CEO of NexTech comments, “We are thrilled to be working with such an esteemed non-profit as the Black Student Fund and look forward to creating an event that doesn’t just show what options are out there for independent education, but gets students of color excited about and better prepared for taking the next step with these options.” He continues, “COVID-19 has created a huge challenge for non-profits who have been forced to serve their communities virtually and who lose out on the personal interaction that in-person events tend to have – an important aspect for students who are already faced with virtual learning challenges. Our InfernoAR platform is perfectly suited to solve this challenge by offering not only video conferencing but a full platform with easy to find resources and augmented reality for 3D object interactions and visuals.”

The Black Student Fund was forged in a prescient move after the historic Brown v. Board decision and has become a leader in education equity in the nation’s capital and its environs.  BSF accepts applications from highly motivated scholars and provides a host of services that support Scholar matriculation at, and the graduation from, our 53-member independent schools. BSF recruits a significant number of our Scholars from the Black Student Fund/Latino Student Fund Annual School Fair.  The Latino Student Fund was founded in 1994 to address disparities in access to education for underrepresented students in Washington, DC, and has since served more than 4,000 youth across its programs.

About NexTech AR
NexTech is one of the leaders in the rapidly growing Augmented Reality market estimated to grow from USD $10.7B in 2019 and projected to reach USD $72.7B by 2024 according to Markets & Markets Research; it is expected to grow at a CAGR of 46.6% from 2019 to 2024.

The company is pursuing four verticals:

InfernoAR: An advanced Augmented Reality and Video Learning Experience Platform for Events, is a SaaS video platform that integrates Interactive Video, Artificial Intelligence and Augmented Reality in one secure platform to allow enterprises the ability to create the world’s most engaging virtual event management and learning experiences. The platform provides automated closed captions and translations to over 64 languages. According to Grandview Research the global virtual events market in 2020 is $90B and expected to reach more than $400B by 2027, growing at a 23% CAGR. With NexTech’s InfernoAR platform having augmented reality, AI, end-to-end encryption and built in language translation for 64 languages, the company is well positioned to rapidly take market share as the growth accelerates globally.