More Than 1,600 Seeking to Win 'i3' Funding
Applicants will face stiff competition for grants to spur K-12 innovation.
More than 1,600 districts, schools, and nonprofits applied for a piece of the $650 million Investing in Innovation Fund by last week’s deadline, even as U.S. Secretary of Education Arne Duncan warned that the vast majority of them will end up losers in their quest for the economic-stimulus grants.
With just $650 million available for the innovation fund, and an estimated 205 awards at most, the “i3” competition will be tight. So Mr. Duncan had a message last week for the 1,669 who officially applied by the May 12 deadline.
“I need you not to scream about the process” and the scoring system, Mr. Duncan told about 600 in attendance at the May 12 NewSchools Venture Fund Annual Summit, many of whom applied for i3. Instead, he said, “I need you to [lobby for] Investing in Innovation Two.” He continued, “We need losers to demand ... the...
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