Heavy Hitters Pledge $12M to Back New Learning Initiative


New Profit is a national venture philanthropy fund, partnering with entrepreneurs and philanthropists to break down opportunity barriers. With $12 million from the Chan Zuckerberg Initiative and Bill and Melinda Gates Foundation, they have launched the Personalized Learning Initiative. Over the next four years, they will invest in new approaches and technologies that enable teachers and students a more individualized learning experience.

Seven social entrepreneurs with promising personalized learning models have been chosen to receive $1 million to grow their vision. A New Profit partner will join each of the organization's board of directors to help them achieve growth, impact and public engagement. Grant recipients will also be forming a learning community to share ideas and best practices across different models. According to New Profit partner Trevor Brown, "We are excited to be working with a visionary group of social entrepreneurs and funding partners to take bold steps in the direction of meeting every student's needs, no matter their background or learning style." LEARN MORE