NewSchools Venture Fund
United States
/ California
| Children/Education
More information
NewSchools Venture Fund was created by social entrepreneur Kim Smith and venture capitalists John Doerr and Brook Byers, each of whom had witnessed the power of entrepreneurs to create change in other sectors, such as technology. Since our founding in 1998, NewSchools has worked to transform public education, particularly for low-income and minority children in historically underserved urban communities. To achieve this goal, we support education entrepreneurs, help them grow their organizations to scale, and help connect their work to broader systems change. NewSchools Venture Fund believes that all children are entitled to a high-quality public education and that the best way to reach this goal is to transform our current systems of public schools into performance-driven organizations that focus on student achievement. We believe that education entrepreneurs can spark this broader transformation in the public school system. As a nonprofit venture philanthropy firm, we raise capital from both individual and institutional investors; we then use those funds to support promising education entrepreneurs, help them grow their organizations to scale, and connect their work with public school systems particularly within targeted urban areas.
