But he noted that it might be hard to draw the line that determines the appropriate amount of evidence needed to receive a Validation Grant versus a Scale Up Grant.
Shelton urged forum attendees to help solicit peer reviewers for the grant program.
“The outcome of the competition is only going to be as good as the peer reviewers we have. Every community is only as good as its members,” he said.
Applications for i3 funding will be due in mid-May, and grants will be awarded in September. In the coming weeks, officials from ED’s Office of Innovation and Improvement will hold informational workshops in Atlanta, Baltimore, and Denver that will be web-accessible. President Obama has proposed an additional $500 million for the i3 Fund in his fiscal 2011 budget.
Investing in Innovation Fund (i3)
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