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Press Releases


See below for the latest announcements from NewSchools Venture Fund. For more information about NewSchools, members of the media should contact Julie Petersen, Communications Manager.
  • Statement: NewSchools co-founder Kim Smith to lead Bellwether Education Partners

    January 20, 2009 – San Francisco, CA – NewSchools Venture Fund CEO Ted Mitchell today congratulated co-founder Kim Smith on her forthcoming role as CEO of Bellwether Education Partners, a new nonprofit consulting organization designed to strengthen the leadership and organizational capacity of entrepreneurial education organizations by offering specialized executive search, strategic consulting, leadership development, and thought leadership services.

  • NewSchools Venture Fund Invests $1.2 million in the New Teacher Center
    Investment will support organization’s efforts to improve teacher effectivenessOriginal Article

    SAN FRANCISCO, CA - October 15, 2009 - NewSchools Venture Fund today announced an investment of $1.2 million in the New Teacher Center (NTC), a national nonprofit organization committed to helping teachers and their mentors have the greatest possible impact on student achievement. Since it was founded in 1998 by Ellen Moir, NTC has supported more than 49,000 teachers and 5,000 mentors, touching the lives of millions of students through comprehensive mentoring and professional development programs.

  • NewSchools Venture Fund Invests $1 Million in The Achievement Network (ANet)
    New investment will support organization’s efforts to improve student achievement Original Article

    SAN FRANCISCO, CA - September 16, 2009 - NewSchools Venture Fund today announced an investment of $1 million in The Achievement Network (formerly called Massachusetts Public School Performance), a nonprofit organization committed to helping teachers and school leaders understand and effectively use real-time student data – test results that are made immediately available to teachers – to improve instruction and increase student achievement.

  • NewSchools Venture Fund Invests $1.7 Million in Success Charter Network
    Grant will support organization’s growing impact on public education in New YorkOriginal Article

    SAN FRANCISCO – September 8, 2009 – NewSchools Venture Fund today announced an investment of $1.7 million in Success Charter Network (SCN), a nonprofit charter management organization founded in 2006 that provides an outstanding elementary education to low-income students in New York City. This funding will help SCN expand its efforts to prove that all students can perform at high levels. By 2014, SCN anticipates operating 13 schools, serving more than 6,300 students in grades K through 8.

  • Five Leading Educators Honored at National Summit on Education Entrepreneurship

    SAN FRANCISCO, CA - May 26, 2009 - NewSchools Venture Fund recognized the contributions of leaders in entrepreneurial education reform at its Summit in Pasadena, California on Monday and Tuesday, May 18 and 19. These leaders are contributing to the transformation of the public education system through policymaking, research, and building innovative school organizations that provide children in some of our country's toughest urban centers with opportunities for success in college and beyond. NewSchools presented the following awards to the following outstanding educators:

  • NewSchools statement on appointment of Joanne Weiss to lead Race to the Top Fund

    NewSchools Venture Fund CEO Ted Mitchell congratulated Education Secretary Arne Duncan Tuesday on his selection of Joanne Weiss to oversee the Race to the Top Fund. The $4.35 billion competitive fund, which is part of the stimulus package, marks a historic level of investment by the federal government in results-oriented school reform efforts.

  • NewSchools Venture Fund CEO Ted Mitchell praises signing of the Serve America Act

    Statement by Ted Mitchell, CEO of NewSchools Venture Fund and President of the California State Board of Education, on the signing of the Edward M. Kennedy Serve America Act SAN FRANCISCO, April 21— Ted Mitchell, CEO of NewSchools Venture Fund and president of the California State Board of Education, praised President Obama’s signing of the Edward M. Kennedy Serve America Act at a highly innovative public charter school Tuesday.

  • Statement by Ted Mitchell on Education in the Stimulus Bill
    CEO of NewSchools Venture Fund and President of the California State Board of Education

    SAN FRANCISCO, Feb. 11— Ted Mitchell, CEO of NewSchools Venture Fund and president of the California State Board of Education, called on Congress and the Administration to support key school reform measures in the final version of the Recovery Act.

  • NewSchools Venture Fund CEO Ted Mitchell Praises Choice of Arne Duncan as Secretary of Education
    Entrepreneurial Thinker Who Will Unite Education Community

    SAN FRANCISCO, CA– December 16, 2008 – Ted Mitchell, CEO of NewSchools Venture Fund and president of the California Board of Education, praised the appointment of Arne Duncan as Secretary of Education, saying Duncan is an advocate for bold, entrepreneurial efforts to improve education for low-income students.

  • NewSchools Venture Fund Invests $2.5 Million in Academy for Urban School Leadership (AUSL)
    New investment will support organization's efforts to improve student achievement in Chicago

    SAN FRANCISCO, CA - September 10, 2008 - NewSchools Venture Fund today announced an investment of up to $2.5 million in the Academy for Urban School Leadership (AUSL), a nonprofit organization committed to preparing new high-quality teachers and transforming public schools in Chicago. Over the past few years, through a strong and unique partnership with Chicago Public Schools (CPS), AUSL has taken on the management of underperforming schools in order to quickly and dramatically boost student achievement.