All 49 winning Investing in Innovation (i3) proposals have secured the required 20 percent private-sector match and will receive their awards by Sept. 30.
Nation's Boldest Education Reform Plans to Receive Federal Innovation Grants Once Private Match Is Secured
A cross-section of 49 school districts, nonprofit education organizations and institutions of higher education have been selected from among nearly 1,700 applicants for potential funding under the Investing in Innovation (i3) program. To receive a share of the $650 million in i3 grants, the winning applicants must secure a commitment for a 20 percent private sector match by Sept. 8.
12 Major Foundations Commit $500 Million to Education Innovation in Concert with U.S. Education Department's $650 Million "Investing In Innovation" Fund
To dramatically improve student learning outcomes, 12 national foundations have committed $500 million in 2010 funds to leverage the U.S.
WASHINGTON U.S. Secretary of Education Arne Duncan today announced the Department of Education's final priorities and the grant application for the $650 million Investing in Innovation Fund (i3).
Clarification: The final application for Race to the Top will be available in late fall.