The Rise of the Rest fund, led by Steve Case and backed by investors like Jeff Bezos, has invested over $150 million into startups outside major coastal hubs. The thesis is clear: talent is everywhere, but opportunity is not. What Rise of the Rest has proven for startup funding, the same logic applies to education infrastructure. You cannot build a thriving startup ecosystem without a steady supply of technical talent, and that supply starts in K-12 classrooms.
The Bureau of Labor Statistics projects the U.S. will need 667,600 additional software development jobs by 2032 — a 25% growth rate, far outpacing average occupations. Meanwhile, the number of CS graduates has plateaued in many states. This is not a short-term cycle. This is a generational talent shortage that will define which regions prosper and which fall behind.
For impact investors, the calculus is straightforward: education investments in underserved markets like rural Minnesota generate social returns (equity, access, opportunity) alongside economic returns (talent supply, employer satisfaction, regional GDP). Programs like Northland Hackathon sit at the intersection of both.
What Makes This Different from EdTech
This is not a request to fund another learning management system or coding app. The Midwest doesn't need more software — it needs more people on the ground (and online) doing the work of showing students what's possible. Northland Hackathon is a human infrastructure investment: mentors from Google, Amazon, and Square volunteering their Saturday to help a teenager in Duluth build their first web app. That human connection is what no app can replicate, and it's what converts a curious student into a future engineer.