Transcript Investing in Innovation (i3) Fund

National Webinar:
A Discussion About ARRA’s
Investing in Innovation (i3) Fund
October 26, 2009
We will begin shortly. Please note:
• Press F5 to toggle full-screen view
• All phones are muted
Note: Full screen view is only available if you have
downloaded the full Live Meeting software.
Foundations for
Education Excellence
http://foundationcenter.org/educationexcellence
Investing in Innovation (i3) Fund
Summary Document
October 2009
Note: These slides are intended as guidance only. Please
refer to the official Notice in the Federal Register.
Today’s Discussion
What We
Can Address
What We
Cannot Address
4
• Content of the Investing in Innovation (i3)
proposed Notice
• General timeline of the i3 program
• Process for submitting public comments about the
proposed Notice
• Selected questions clarifying the Notice and its
implementation
• Substantive explanation of the rationale behind
inclusion or exclusion of specific items in i3
beyond what will be published in the Federal Register
• Comments about i3 – all public comments must be
submitted using the process detailed in the Notice
• Questions about applying for i3 awards
ARRA K-12 Investment
Aligned with Four Assurances
i3 Is One Part of Unprecedented
Federal Direct Investment in Education
Formula
Grants
$26B
Race To The Top and Other Grants
($9.7B)
• $4.35B - Race to the Top Fund,
including $350MM for development
of assessments for Common Core
State Standards
• $3.5B* - School Improvement
Grants
SFSF
$48.6B
• $650MM - Investing in Innovation
Fund
• $650MM – Education Technology
• $300MM* - Teacher Incentive Fund
• $250MM - Statewide Data Systems
5
* Includes regular FY 09 appropriations
Note: These slides are intended as guidance only. Please refer to the official Notice in the Federal Register.
Types of Awards Available Under i3
i3
“Development”
Estimated
Funding
Up to $5MM/award
Available
Evidence
Required
Scaling
Required
6
Reasonable – researchbased findings or theories
“Validation”
“Scale-up”
Up to $30MM/award
Up to $50MM/award
Moderate – either high
internal validity and
medium external validity, or
vice versa
Strong – both high internal
validity and high external
validity
Able to further develop and Able to be scaled to the
scale
regional or state level
Able to be scaled to the
national, regional, or state
level
Note: These slides are intended as guidance only. Please refer to the official Notice in the Federal Register.
Key Terms
7
Notice
The i3 Notice of proposed priorities, requirements, definitions, and
selection criteria includes the proposed eligibility criteria, priorities, and
selection criteria. It will be open for 30 days of public comment after
which the Department of Education will consider and respond to
comments before publishing the final Notice in the Federal Register.
Eligibility
Criteria
The eligibility criteria, which may be statutory or proposed in the
Notice, determine whether an applicant can receive a grant.
Priorities
The priorities are the areas of focus to which an applicant must apply.
These include absolute priorities, which the applicant must address, and
competitive preference priorities, which the applicant may address to
improve the quality of an application.
Selection
Criteria
A panel of peer reviewers will judge the quality of an application based
on the selection criteria established in the final Notice published in
the Federal Register.
Note: These slides are intended as guidance only. Please refer to the official Notice in the Federal Register.
Proposed i3 Eligibility Criteria
and Grant Requirements
Eligible Organizations
(Based on historical success closing achievement
gaps and improving academic achievement)
• LEAs
• Non-profits, in partnership with
LEAs or a consortium of schools
MUST
•
•
•
•
•
8
Demonstrate 20% private sector matching funding
Conduct an independent program evaluation
Cooperate with technical assistance
Share broadly the results of any evaluations
An applicant may not submit an application for the same
proposed project under more than one type of grant
Note: These slides are intended as guidance only. Please refer to the official Notice in the Federal Register.
Proposed i3 Priorities
Improve Achievement
for High-Need
Students
Required for
all applications
9
Support Effective Teachers
and School Leaders
Improve Early
Learning Outcomes
Improve the
Use of Data
Support College
Access and Success
Complement the
Implementation of High
Standards and High-Quality
Assessments
Address the Unique
Learning Needs of Students
with Disabilities and Limited
English Proficient Students
Turn Around Persistently LowPerforming Schools, WholeSchool Reform, and Targeted
Approaches to Reform
Serve Schools in
Rural LEAs
Must address one or more
(Absolute Priority)
May address one or more
(Competitive Preference)
Note: These slides are intended as guidance only. Please refer to the official Notice in the Federal Register.
Proposed i3 Selection Criteria
Need for the Project and
Quality of the Project Design
Strength of Research, Significance of
Effect, and Magnitude of Effect
Experience of
the Applicant
Quality of the
Project Evaluation
Strategy and Capacity to Scale or
to Further Develop and Scale
Sustainability
Notes
• The final Notice, which the
Department will publish in the Federal
Register in late winter/early spring of
2010, will include the specific point
value of each criteria.
• A panel of peer reviewers will judge
applications by allocating points in each
of the categories based on how well an
application proposes to address the
criteria.
Quality of the Management
Plan and Personnel
10
Note: These slides are intended as guidance only. Please refer to the official Notice in the Federal Register. The
criteria may apply differently to different levels of grants.
Important i3 Dates
11
Event
Date (Anticipated)
Release of proposed Notice
10/9/2009
Public comments due
11/9/2009
Release of final Notice
Late winter/early spring 2010
“Development” Pre-Applications Due
Spring 2010
“Validation” and “Scale-up” Applications Due
Spring 2010
“Development” Full Applications Requested
Late spring/early summer 2010
“Development” Full Applications Due
Summer 2010
Award Grants for “Validation” and “Scale-up”
Late summer/early fall 2010
Award grants for “Development”
Late summer/early fall 2010
Note: These slides are intended as guidance only. Please refer to the official Notice in the Federal Register.
Foundation Support Can Augment i3
Supplemental Investment Opportunities
Promising Innovations
Deep Support and
Performance Management
• Change management/implementation support
• Tight accountability
• Executive development and sourcing
Resources and
Infrastructure for
Knowledge Capture and
Dissemination
• Communities of Practice
• Cross cutting evaluation and knowledge sharing
• Systems for sharing and collaboration
Key Domains and Players
12
• Theoretically sound but new concepts
• Strong innovations and teams but less competitive proposals
• Excess supply of good contenders
•
•
•
•
•
Early Learning and College Access
Comprehensive Solutions
Learning Technology: Instruction, PD
Enabling Platforms
Ineligible LEAs or non-profits and for-profits
Collaborative Funding Models Offer
Significant Benefits
Spectrum of Foundation Support
Features
13
• Common application for all funders
• Standardized metrics and reporting
requirements
• Shared, accelerated timeline for investment
Advantages
i3 Matching Funding
Collaborative
Funding Models
•
•
•
•
•
•
Aligned agendas and priorities
Increased openness amongst foundations
Greater ease and efficiency for applicants
Compatible metrics and reporting
Shared risk-taking
Facilitated knowledge management
Alignment of
Individual
Grantmaking
Web Portal Will Support Improved
Communication Among Stakeholders
Foundations
Ideas/Innovators
Consumers
• Limited knowledge
sharing
• Difficulty identifying
new ideas
• Lack of coordination
between foundations
• Limited access to
investors
• Little public feedback
• Difficulty identifying
potential partners
• Trouble identifying
consumer needs
• Limited diffusion of
effective ideas
• Limited resources to
invest in new ideas
• Lack of venue to
express needs
• Challenge building
change capacity
Web Portal
• Convene stakeholders to coordinate efforts, share knowledge, and invest strategically.
• Facilitate idea sharing and democratize access to funders.
• Highlight innovations in the community and match them with consumer needs.
14
Q&A
Thank you for attending!
We’d appreciate your feedback –
please complete a brief evaluation form
on the Foundation Center web site:
http://foundationcenter.org/surveys/ffee
Watch for an invitation to a teleconference on
the Race to the Top Fund
Friday, 10/30, 3:00 – 4:00 pm EDT