NewSchools Venture Fund Awards $1.5 Million in Grants

NewSchools Venture Fund Awards $1.5 Million in Grants

The NewSchools Venture Fund has announced the winners of its NewSchools Ignite: Future of Work Challenge.

Designed to support entrepreneurs who are creating tools that will help students prepare for the future of work, the challenge awarded a total of $1.5 million to eleven organizations that are developing technology-enabled learning experiences, instructional content, learning diagnostics, administrative tools, and other products designed to help middle and high school students develop the skills and knowledge needed to succeed in the future economy.

The winners include, which is working on a solution that will enable students to crowdsource information in answer to their questions about any career; Edquity, which will provide a single platform where students can find information about college financial matching, planning, FAFSA completion, and financial aid award evaluation; Level Up, which uses virtual reality to engage students in immersive live instruction; Majorwise, which will connect high school students with local job opportunities through its job platform; Nearpod, which seeks to transform teaching and learning through the combination of award-winning software and content; and NexusEdge, an artificial-intelligence-driven lifelong career navigation platform that prepares students for the workforce by providing personalized career roadmaps as well as guidance and opportunities.

"We know today's kindergarteners are the high school graduating class of 2030, but we don't know what the economy will look like when they receive their diplomas," said NewSchools Venture Fund associate partner Esther Trioche in a blog post. "At NewSchools, we're working to make sure all students graduate high school prepared to live the lives they want — no matter what the future holds."

For more information on the challenge winners, see the NewSchools Venture Fund website.

(Photo credit: Level Up)

"Ignite Your Imagination! What's the Future of Work?." NewSchools Venture Fund Blog Post 05/03/2018.