NewSchools Venture Fund launches $6 million innovation initiative

NewSchools Venture Fund launches $6 million innovation initiative

The NewSchools Venture Fund has announced $6 million in support of innovation and greater diversity in education leadership. 

The funds will be focused in two areas: Innovative Public Schools, including efforts to design and launch new charter or district schools in the fall of 2022; and Diverse Leaders, including support for early-stage organizations and new initiatives within existing organizations aimed at increasing the number of education leaders who are Black or Latinx, mobilizing and supporting Black and Latinx parents to advocate for changes that benefit their children, and shifting the culture and practices of education organizations toward more equity and inclusivity. In addition to funding, recipients will receive management assistance and access to a community of practice comprising other grantees.

"Our team is so excited to kick off the new year by opening these funding opportunities. After the challenges that 2020 presented in education and beyond, we must support leaders who are designing innovative learning environments to better meet the needs of students across the country," said NewSchools Venture Fund senior managing partner Frances Messano. "One of the most impactful ways to improve student outcomes is to increase diversity in education leadership, and this work will continue to be a significant priority for us at NewSchools. Across all of our investment areas, we want to ensure that any entrepreneur who has a bold, innovative idea can apply to access funding and leave their mark on the education field."

"NewSchools Venture Fund announces $6 million in funding for education innovators." NewSchools Venture Fund press release 01/12/2021.