Investing in Innovation (i3) Fund - Highest Rated Applications are In

August 5, 2010
Center for Education and Workforce

Quick Facts about the i3

Authorized under the American Recovery and Reinvestment Act (ARRA), also known as the stimulus package, the Investing in Innovation fund (i3) is a competitive grant program awarded to Local Education Agencies (LEAs) (school districts) and Nonprofit organizations to develop, validate, and scale up innovative programs with a record of improving student achievement and attainment.These practices must 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.
 

Eligibility

The following entities can apply to the Investing in Innovation Fund (i3) for grants:  (1) local educational agencies (LEAs), and (2) nonprofit organizations in partnership with (a) one or more LEAs or (b) a consortium of schools.  In order to be eligible to receive an i3 grant , applicants must demonstrate:

  • Student Focus – implement practices, strategies, or programs for high-need students
  • Historical Success – an LEA applying on its own must demonstrate that it: (a) closed achievement gaps or  improved achievement for all groups of students, and (b) achieved significant improvement in other areas; partnerships involving a non-profit organization must demonstrate that the non-profit organization has a record of significantly improving student achievement, attainment, or retention through its record of work with an LEA or schools
  • Absolute Priorities – address one of the absolute priorities (improve student achievement, improve data systems, improve teacher effectiveness, turnaround low-performing schools)
  • Matching Requirement – secure matching funds from the private sector equal to 20% of the award they are seeking, or request a reduced matching level
  • Evidence – meet the evidence requirement of the type of grant for which they have applied
Source: U.S. Department of Education

 

Results

On August 5th, the Department of Education released the 49 highest rated applications for the Investing in Innovation (i3) grant competition. (pdf)

 

Resources

U.S. Department of Education's i3 website

Open Innovation Portal -- hosted by the U.S. Dept. of Education