NewSchools invests $1.6M in three Boston-area charter schools

Wednesday, October 2, 2013

NewSchools Venture Fund’s Boston Charter School Replication Fund (“Boston Fund”) announces its investment of $1.6 million in three charter management organizations (CMOs): City on a Hill, Match Education and Unlocking Potential. These investments demonstrate the Boston Fund’s continued commitment to expand high-performing charter schools in Massachusetts.

NewSchools has been investing in CMOs since its founding, recognizing the importance of these ventures in bringing quality education to underserved K-12 students. The Boston Fund was first launched in July 2011, and has invested a total of $5.3m in Massachusetts-based CMOs.

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