ACT, an Iowa-based nonprofit best known for its standardized college-readiness exam, made the investment in New Markets Venture Partners as part of ACT’s mission to improve education and career readiness.

According to Mark Grovic, New Markets’ co-founder and general partner.

There is an urgent need for investments into new educational models with proven efficacy that address the nation’s achievement and skills gaps.

Read the full article at ImpactAlpha

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Jessica Pothering is a writer with ImpactAlpha.