Q&A: Joanne Weiss

Joanne Weiss’ career demonstrates that social innovations are often created and driven by people who reach across the nonprofit, for-profit, and government sectors. Weiss started her career by co-founding and leading several for-profit companies, most of which were in the educational field. She then joined the nonprofit NewSchools Venture Fund, which for the last 12 years has funded nonprofit and for-profit educational reform organizations. And last year Weiss was recruited to be the director of the U.S. Department of Education’s $4.3 billion Race to the Top Fund. The Race to the Top Fund is not a typical government program. Instead, it borrows from the nonprofit and for-profit sectors, most notably the idea that competition can stimulate change. Rather than getting grants based simply on how many children are in school or how many schools are failing, states must compete for money by putting forward innovative programs that improve their educational system. Some states will get money and others will not, based on performance and outcomes. In this interview with Stanford Social Innovation Review Managing Editor Eric Nee, Weiss explains what the department hopes to accomplish with Race to the Top, what criteria will be used to judge the states’ proposals,…