In early 2017, four foundations came together to support the launch of The Employment Technology Fund as an initiative of New Venture Fund. The Fund aggregates and mobilizes capital to facilitate the growth of companies and/or non-profits working to scale technology-enabled solutions to address the major barriers faced by low-income adults’ employment trajectories and outcomes. The EdTech Center is advising the Employment Technology Fund on evaluating new technology solutions for providing low-income adults with Learning & Training, Assessment & Matching, Mentoring & Support and Job Search and Placement. Alison Ascher Webber, Director of Strategic Initiatives for the EdTech Center, serves on the Advisory Board for the Employment Technology Fund. The fund’s first investments will be made in the Fall of 2017.
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