Event Date 1: August 06, 2010 01:00 pm
U.S. Secretary of Education Arne Duncan will hold a press conference call with reporters at 1 p.m. ET Friday to discuss the $650 million in grants that the Education Department is awarding through the Investing in Innovation (i3) program.
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 i3 project. To receive a share of the $650 million, the winning applicants must secure a commitment for a 20 percent private sector match by Sept. 8.
The i3 fund, part of the historic $10 billion investment in school reform in the American Recovery and Reinvestment Act (ARRA), will support local efforts to start or expand research-based innovative programs that help close the achievement gap and improve outcomes for high-need students.
|Who :||U.S. Secretary of Education Arne Duncan|
Press conference call on winning i3 applicants |
|When :||1 p.m. Eastern time|
|Where :||Friday, Aug. 6, 2010|