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Smith believes that since their monetary values are not large in comparison to the size of the education industry, investments must be leveraged to get maximum effect. New School’s helps to leverage their investments by bringing together a partner group that includes venture capitalists, entrepreneurs, and educators, who each bring different strengths and views to the venture. Publ.Date : Thu, 05 Nov 2009 18:00:21 -0500
Smith talks about how a series of experiences prepare an entrepreneur to found a new venture. Entrepreneurship is about solving a problem in a better way and finding a way to make it happen, despite everyone telling you it cannot be done, she says. People did not believe Teach for America would work, but Smith and founder Wendy Kopp realized people weren’t becoming teachers because they weren't being recruited and the process to get certified was too bureaucratic. They created a model in Teach for America that solved these problems, and were successful, she adds. Publ.Date : Thu, 05 Nov 2009 18:02:28 -0500
The family and friends of, Kim Smith, the Oconomowoc woman who was slain in her home said that the arrests in her murder have brought them some closure and is a big step towards justice. Publ.Date : Thu, 19 Nov 2009 21:20:24 -0500
There is a current shift in K-12 education from a culture of compliance, says Smith. Compliance is not a high enough standard and should not be accepted. Unfortunately, the culture shift to a new standard is uncomfortable since the old system is so engrained. Publ.Date : Thu, 05 Nov 2009 18:03:09 -0500
Smith explains that venture philanthropy means investing in ventures that lead to greater changes in the overall system to improve education for kids. The entrepreneur is a part of a much larger system and the aim is to leverage the investments to provide the greatest possible impact. This strategy has led to three key activities at New Schools: the creation of a network to generate more hybrid leaders and inform policy makers, a charter accelerator fund to create charter schools, and a performance accelerator fund to help schools become performance-oriented. Publ.Date : Thu, 05 Nov 2009 18:03:23 -0500
Kim Smith, co-founder and CEO of NewSchools Venture Fund, is a leader in a hybrid environment between business people and educators, who speak different languages and come from different frameworks. A hybrid in this context includes the public sector, non-public sector and business sector. It is difficult to manage a group that comes from such diverse backgrounds, says Smith. A lot of technology companies have to deal with the same sort of dynamic between technologists and business people. Publ.Date : Thu, 05 Nov 2009 18:02:16 -0500
School finance is inequitable between low- and high-income communities, says Smith. Is it better to try to fix the system or provide alternatives? New Schools funds projects for both options. Most reform efforts to date have focused on only small improvements inside the system. Though most people think of charter schools as competition, says Smith, New Schools describes them as 'co-opitition,' providing an alternative but also helping to encourage improvement in public schools. Publ.Date : Thu, 05 Nov 2009 18:01:53 -0500
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