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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.
Jessica Pothering is a writer with ImpactAlpha.