Boxlight Announces Podcast on New Federal Relief Funding

Rhea-AI Summary

Boxlight Corporation (Nasdaq: BOXL) recently announced a podcast titled Understanding the New Federal Funding for Schools, featuring Dr. Don Gemeinhardt. The discussion centers on aiding schools in navigating grant applications, particularly under the $54 billion federal funding approved for education relief. This funding, through the ESSER, allows governors to allocate resources for addressing learning loss and improving infrastructure, including educational technology. Boxlight aims to support organizations in both purchasing technology and securing grants effectively.

Positive

• Boxlight engages in a timely initiative to help schools access federal funding for educational improvements.
• The podcast promotes awareness of significant federal funding opportunities exceeding $54 billion for educational relief.
• This initiative could lead to increased sales of educational technology and services from Boxlight.

Negative

• None.

Boxlight Corporation (Nasdaq: BOXL), a leading provider of interactive technology, digital signage, and software solutions, today announces the podcast Understanding the New Federal Funding for Schools with Dr. Don Gemeinhardt, Director of Strategic Funding for Boxlight.

Dr. Don Gemeinhardt talked with Larry Jacobs from the American Consortium for Equity in Education (ace-ed.org) about how Boxlight is helping grant seekers, specifically schools and districts, with navigating the language and specifications of grant applications. In December 2020, the federal government approved over $54 billion for school relief. The Elementary and Secondary School Emergency Relief Fund (ESSER) authorizes governors to allocate monies to districts to address learning loss and improve school facilities and infrastructure, including the purchase of education technology, STEM products, and professional development.

“Our primary function is to help different organizations not only buy the particular products and systems but also get through the process itself of applying for a grant,” stated Dr. Gemeinhardt.

There is increased opportunity for Boxlight to help educators bridge learning gaps due to hybrid and remote learning, with Dr. Gemeinhardt’s expertise. To listen to the podcast, click here: Understanding the New Federal Funding for Schools.

To connect with our Grant and Relief Funding Team, or to learn more about how Boxlight can help schools, visit Boxlight.

About Boxlight Corporation

Boxlight Corporation (Nasdaq: BOXL) (“Boxlight”) is a leading provider of interactive technology solutions under its award-winning brands Clevertouch® and Mimio®. The company aims to improve engagement and communication in diverse business and education environments. Boxlight develops, sells, and services its integrated solution suite including interactive displays, collaboration software, supporting accessories and professional services. For more information about the Boxlight story, visit http://www.boxlight.com and Clevertouch, https://www.clevertouch.com/.

Forward Looking Statements

This press release may contain information about Boxlight's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements because of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to maintain and grow its business, variability of operating results, its development and introduction of new products and services, marketing and other business development initiatives, competition in the industry, etc. Boxlight encourages you to review other factors that may affect its future results in Boxlight’s filings with the Securities and Exchange Commission.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210303005544/en/

FAQ

What is the focus of Boxlight's recent podcast?

The podcast focuses on navigating federal funding opportunities for schools, specifically how to apply for grants under the new funding programs.

How much federal funding was approved for schools in December 2020?

Over $54 billion was approved for school relief under the Elementary and Secondary School Emergency Relief Fund (ESSER).

What role does Boxlight play in the grant application process?

Boxlight assists schools and districts in understanding and applying for grants, helping them procure necessary technology and infrastructure improvements.

What is the significance of the ESSER fund for Boxlight?

The ESSER fund provides an opportunity for Boxlight to increase its sales as schools seek to improve facilities and technology using federal funding.

Who is featured in Boxlight's podcast discussing federal funding?

Dr. Don Gemeinhardt, Director of Strategic Funding for Boxlight, is featured in the podcast.