Investing in Innovation Fund (i3)

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Potential i3 grantees under the U.S. Department of Education's i3 program are responsible for obtaining private-sector matching funds or in-kind donations. While the Department is still in the midst of the peer review process and no funding determinations have been made, we would like to urge i3 applicants to start securing their entity’s private-sector match as soon as possible. The following document provides some potential private sector resources that may be useful for fundraising efforts.

Securing the i3 Private-Sector Match: A Resource for Applicants MS Word (47 KB)

Applicant Summary

The Department is currently conducting the FY2012 i3 competitions. The deadlines for submitting applications have passed. The Department received the following number of applications for the i3 programs:

Development Full Applications Received: 117
For additional information on the Development Full Applicants CLICK HERE

Validation Applications Received: 63

Scale-up Applications Received: 10

The Department will announce the awards by December 31, 2012.


Program Description

Program Office: Office of Innovation and Improvement (OII)

CFDA Number: 84.411A (Scale-up grants); 84.411B (Validation grants); 84.411C (Development grants)

Program Type: Cooperative agreements (for Scale-up grants) and Cooperative Agreements or 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.


 
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Last Modified: 09/18/2012