The NewSchools Venture Fund, an education "venture capitalist" effort, has put $1.2 million into the New Teacher Center, a California-based group that has taken the lead in supporting intensive teacher-induction programs.
This must be good news for the NTC, which became an independent nonprofit organization in July—right before a report came out implying that intensive mentoring may not be all it's cracked up to be.
NewSchools Venture Fund's other education-related investments include the New Teacher Project, Teach for America, and New Leaders for New Schools.
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