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Thursday, July 1, 2010

Investing in Innovation Fund (i3)

Investing in Innovation Fund (i3)
INVESTING IN INNOVATION FUND (I3)


Current Section Purpose
Awards
Performance
 Office of Innovation and Improvement Home
Purpose

WHAT'S NEW


  • View the Summary of i3 Applications Received here download files PDF [381KB]

  • Department of Education announces launch of data.ed.gov, which makes detailed information about i3 applications received available.

  • Investing in Innovation Fund (i3) FAQs(revised June 18, 2010) download files MS Word(398KB) | PDF (500KB)

  • Investing in Innovation Fund (i3) FAQs Addendum 5 (June 18, 2010) download files MS Word(59.0KB) | PDF (113KB)

  • Securing the i3 Private-Sector Match: A Resource for Applicants (May 7, 2010)
    download files PDF (96KB) | MS Word (48KB)

PROGRAM DESCRIPTION

Program Office: Office of Innovation and Improvement (OII)
CFDA Number: 84.396A (Scale-up grants); 84.396B (Validation grants); 84.396C (Development grants)
Program Type: Cooperative agreements (for Scale-up grants) and discretionary grants (for Validation grants and Development grants)
Program Description: The Investing in Innovation Fund, established under section 14007 of the American Recovery and Reinvestment Act of 2009 (ARRA), provides funding to support (1) local educational agencies (LEAs), and (2) nonprofit organizations in partnership with (a) one or more LEAs or (b) a consortium of schools. The purpose of this program is to provide competitive grants to applicants with a record of improving student achievement and attainment in order to expand the implementation of, and investment in, innovative practices that are demonstrated to have an impact on improving student achievement or student growth, closing achievement gaps, decreasing dropout rates, increasing high school graduation rates, or increasing college enrollment and completion rates.
These grants will (1) allow eligible entities to expand and develop innovative practices that can serve as models of best practices, (2) allow eligible entities to work in partnership with the private sector and the philanthropic community, and (3) identify and document best practices that can be shared and taken to scale based on demonstrated success.