We are pleased to share with you the very positive news that the Prime Minister, Ehud Olmert and the Minister of Education, Professor Yuli Tamir, officially announced the establishment of the Institute for School Leadership (ISL) on April 1st. The ISL will promote the concept of the school principal as an educational leader, skilled in advanced management methods, who leads the educational work in his/her school and strives to fulfill the school's vision, values and goals, making optimal use of resources and focusing them on education, teaching and learning. ISL is the result of joint efforts of the Ministry of Education, Yad HaNadiv and the Israel Venture Network and is the culmination of over three years of planning and negotiations. Both the Prime Minister and Minister Yuli Tamir expressed their thanks and appreciation to IVN for initiating the concept of the ISL and supporting its operation. IVN believes ISL will create a sustainable, systemic change in the way schools are managed and it incorporates many of the lessons learned in IVN's principal training course, developed also in partnership with Yad HaNadiv and Check Point Technologies.