Coveted 'i3' Cash Prompts Application Gold Rush

Some $13 Billion in Proposals Vie for $650 Million in Grants

Demand is far outpacing resources in one hot segment of the education innovation market, as districts, schools, and nonprofit organizations pitch reform proposals worth $12.8 billion for competitive grants to be awarded under the federal Investing in Innovation Fund , or “i3”—nearly 20 times what the U.S. Department...

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