In response to the challenges of new state-mandated requirements for teacher credentialing, a team of university faculty and school district representatives worked in a collaborative project to support beginning teachers. The outcome of the collaborative is an innovative program that provides support and formative assessment of teachers during their first two years of teaching, the induction period, while providing them with an opportunity to obtain a master's degree. This master's program meets the state induction standards and at the same time enhances the teachers' preparation for educating students in urban schools. (Contains 1 table.)