NewSchools Catapult: Invent 2015Deadline: August 14, 2015
The NewSchools Venture Fund seeks to invest in, provide support to, and make connections among a diverse and dynamic community of innovative public schools (PreK-12) that emphasize personalized learning and student agency within their overall instructional program. It seeks passionate, diverse, mission-driven teams of educators who embrace an expanded definition of student success that includes the full range of knowledge, skills and habits of success that students need to achieve their most ambitious dreams.
Over the next five years, the Fund will seek teams of educators with ambitious plans to open new or redesign existing schools that embrace this student-centered vision of learning. Using rigorous and holistic review processes, it will select the most promising teams of educators for support through the critical planning and early implementation phases. In doing so, its goal is to directly support the creation of at least 100,000 high-performing seats in schools that will have a dramatic and lasting impact on the students they serve.
The NewSchools Catapult: Invent 2015 is the first of a series of investment cycles that will support annual cohorts of new, innovative schools in school districts and emerging charter networks. The Fund has separated NewSchools Catapult into two distinct phases:
- Phase 1: Invent: A 6-10 month program designed to support school teams during the year prior to launching a new school. Teams selected for this phase will receive financial support (averaging around $100,000), targeted assistance and a cohort experience with others at a similar stage of development.
- Phase 2: Launch: A highly competitive 2 ½ year program designed to support school teams for the months leading up to launch through their second year of operation. In addition to continuing to receive ongoing assistance and a cohort experience, teams selected for this phase will receive financial support (investments vary widely based on factors such as seat count and local funding conditions, but averaging around $400,000).
Investment criteria may be found in the application materials.
Amount: Awards will average $100,000 each.
Eligibility: School teams must plan to launch a new school in 2016; enroll students somewhere within the PreK-12 grade span (ages 3 – 19) on a full-time basis; and be eligible to receive public funding. Schools may be independent or district-operated charter applicants.