Silicon Alley High

How the City Plans to Finance Its New Software Engineering High School

Inspirational viewing!

On stage announcing the creation of a Software Engineering Academy this afternoon, Mayor Bloomberg revealed that the high school had the support of Fred Wilson and the city’s tech community. Betabeat has learned a little bit more about how that will work.

According to Department of Education spokesman Frank Thomas, Mr. Wilson has committed to financially supporting the school and to raise money for the school from the tech community at large. We have heard from other sources that Mr. Wilson’s financial commitment will be philanthropic and that the goal is to raise around $1.25 million, although that number has not been confirmed. Read More