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    The Mind Trust’s Education Entrepreneur Fellowship

    Ohanian Comment:
    Somehow, education entrepreneur seems like an ugly oxymoron. I am all for innovation and new ideas, but I worry about these business ventures intent on steamrolling over traditions and old ideas. I have very good memories of the time I spent in the classrooms of two fine Indianapolis primary grade teachers whose students were doing exciting work with tessellations. I made a special trip to the city just to see that work and I was not disappointed.

    Kati Haycock is chair of the Board of Directors of the New Teacher Project, whose members include Wendy Kopp, president of Teach for America. I have heard first-hand how Haycock talks about public school teachers.

    Board members of The New Teacher Project offer chants of praise on the Mind Trust website.

    As of August 2007, The Mind Trust has raised $5,977,919 from local and national sources.

    Here are the essay questions they ask of people applying for an entrpreneur fellowship ($90,000 smackers + another $20,000).


    # Essay Questions

    1. What is your idea for an initiative to improve education outcomes for children in a significant and sustainable way? (2,000 words or less)
    2. How did you come up with your idea? (500 words or less)
    3. Describe why there is a compelling and urgent need for your initiative. Use data and research to support your response. (1,500 words or less)
    4. Who will benefit most directly from your initiative? (250 words or less)
    5. What other organizations, if any, are currently working to address the need you describe in question 3? How does your approach differ from theirs? (750 words or less)
    6. How will you measure your success in addressing the urgent problem you plan to tackle? (750 words or less)
    7. Why are you the right person to launch the proposed initiative? (750 words or less)”
    8. Considering the initiatives that you have launched, listed in your Statement of Intent, which was the most significant? What was most challenging about this experience? What were your most important contributions? What did you learn from the success or failure of this experience? (750 words or less)
    9. What is your intended geographic scope? (While serving the Indianapolis community must be a focus of the Fellowship, The Mind Trust expects and hopes that many Education Entrepreneur Fellows will expand their initiatives regionally and nationally.) (250 words or less)
    10. Why is your proposed initiative realistic and sustainable? (750 words or less)






    For Immediate Release

    Contact:
    David Harris, 317-822-8102 x100

    The Mind Trust launches Education Entrepreneur Fellowship; makes $900,000 initial investment in program. Fellowship is a nationally unique opportunity for entrepreneurs with great ideas to transform public education

    INDIANAPOLIS – The Mind Trust, a new education nonprofit focused on promoting education entrepreneurship in Indianapolis, is now accepting applications for its flagship program, the Education Entrepreneur Fellowship. The Fellowship will provide the nation’s most promising education entrepreneurs with the support they need to develop and launch initiatives that focus on wholly new ways of confronting public education’s most vexing problems. Fellows will target underserved or disadvantaged students with solutions that attack the root problems in the delivery of public education.

    “The Fellowship is designed for leaders who envision entirely new approaches in public education.” said David Harris, President and CEO of The Mind Trust. “We are looking for the most capable entrepreneurs from around the country with the most innovative ideas to transform public education.”

    Each Fellowship will last two years, with the first fellows beginning their work in spring or summer of 2008. Fellows’ annual salaries will be $90,000. Each fellow will also receive $20,000 for customized training and travel over the term of their Fellowship. The Mind Trust’s initial investment in the Education Entrepreneur Fellowship is approximately $900,000.

    Fellows will be based at The Mind Trust in Indianapolis. While Indianapolis will be a focus of fellows’ work, it is expected that some fellows will launch statewide or national initiatives.

    “This concentration of high quality entrepreneurial talent devoted to improving public education will be enormously beneficial to Indianapolis,” Indianapolis Mayor Bart Peterson said. “Not only will The Mind Trust’s Fellowship make Indianapolis a national hub for effective education reform efforts, but the ventures launched will help the students in our city who need it most.” Mayor Peterson is the chair of The Mind Trust’s board of directors.

    Fellowship application materials and additional information, including commentary about the Fellowship by national experts, are available on The Mind Trust’s website at www.themindtrust.org. The deadline for the first stage of the application process is January 15, 2008.

    The Mind Trust has already helped launch in Indianapolis Public Schools two of the nation’s most successful education initiatives – The New Teacher Project and College Summit.

    The Mind Trust’s mission is to attract, support, and empower the nation's most effective and promising education entrepreneurs to transform public education outcomes for children in Indianapolis and beyond.

    — Press Release
    The Mind Trust
    2007-09-10


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