A special $30 million fund, fueled by Race to the Top federal grant and $10 million from a private philanthropic fund, will be used to award start-up grants for the creation of 30 new charter schools in Florida, reports the News Service of Florida. Called the Florida Charter School Growth Fund, it is supported by the Florida Department of Education and the national Charter School Growth Fund, which essentially functions like a venture capital firm for charter schools. The aim in Florida is to help charter schools that have proven successful in helping low-income students and “have the capacity to grow” to compete for grants through the new fund. “There is an incredible demand for high-quality educational options in Florida, particularly in our low-income communities,” said Florida Education Commissioner Gerard Robinson in a statement.
Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.