Potholes Ahead on Innovation Fund
Evaluation, Fairness Seen as Crucial For $650 Million Pot of Federal Stimulus Aid
Federal education officials will face a variety of obstacles in running a $650 million innovation fund, from an expected flood of applications and concern about favoritism in picking winners, to skepticism about the government’s ability to drive innovative change in education.
Meanwhile, the U.S. Department of Education—which last month offered an early glimpse of its intentions for the competitive grant program under the economic-stimulus package—is already looking for ways to expand and sustain the short-term innovation fund’s reach.
For one, the Obama administration is seeking another $100 million in fiscal 2010 for the program, formally called the Investing in Innovation (i3) Fund , despite what appears to be congressional reluctance...
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