Final Rules Unveiled for 'i3' Innovation Fund
The U.S. Department of Education today unveiled the final rules for its $650 million Investing in Innovation, or i3, grant program, standing fast in the face of criticism that its proposed guidelines demanded too much from applicants in the way of private-sector match and evidence to back up their proposals.
In the final rules and application for the program, department officials left intact a demand that applicants secure 20 percent in matching funds from the private sector.
But in a nod ...
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updated 3/8/2010
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