THE Journal: The United States Department of Education (ED) has opened the application period for the seventh round of Investing in Innovation (i3) “Development” grants. This will be the last opportunity schools will have to tap into this part of the competitive grant program, which offers up to $3 million for each accepted proposal.
The Investing in Innovation Fund provides several million dollars annually in competitive grants ($120 million this year) designed to encourage programs that boost student achievement and college readiness, improve science education, turn around low-performing schools and support teacher/administrator effectiveness. Since 2010, the program has awarded some $1.3 billion in grants, some of which ($200 million) has been matched by funds from the private sector.
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