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News Brief

11/08/12

20 Districts, Nonprofits Set to Share $150 Million in New i3 Awards

Education Week (11/08/12) McNeil, MicheleThe U.S. Department of Education has named 20 school districts and nonprofits as winners of the third round of the Investing in Innovation (i3) grant competition. A total of $150 million was awarded, with eight "validation" awards up to $15 million and 12 "development" awards up to $3 million. The winners will not receive their grants until they secure matching funds; a 15 percent match for development award winners and a 10 percent match for validation award winners are needed. The deadline to obtain these matching funds is Dec. 7. More information about the grant recipients can be found here.

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