Investing in Innovation (i3) Fund Eligibility

1. Investing in Innovation (i3) Fund Eligibility Summary Document – Excerpted from the Investing in Innovation (i3) Fund Pre-application Workshops document April 2010 Note: These slides are intended as guidance only. Pleaserefer to the official documents published in the Federal Register.

2. Applicants Eligible Applicants can be: A local educational agency (LEA) A nonprofit organization in partnership with (a) one or more LEAs or (b) a consortium of schools

3. Key Definitions: Eligibility Why It Is Important Applicantmeans the entity that applies for a grant under this program on behalf of an eligible applicant (i.e., an LEA or a partnership in accordance with section 14007(a)(1)(B) of the ARRA). The applicant will, if selected for funding, become the grantee/fiscal agent

4. Key Definitions: Eligibility Why It Is Important • The definition of LEA includes: • Charter schools that are LEAs • Bureau of Indian Education schools • Educational service agencies • State educational agencies in states where the SEA is the sole educational agency for all public schools The definition used under ESEA applies to the i3 program. Under that definition, a local educational agency is a public board of education or other public authority legally constituted within a State for either administrative control or direction of, or to perform a service function for, public elementary schools or secondary schools in a city, county, township, or school district.

5. Key Definitions: Eligibility Why It Is Important Nonprofit organizationmeans an entity that meets the definition of “nonprofit” under 34 CFR 77.1(c), or an institution of higher education as defined by section 101(a) of the Higher Education Act of 1965, as amended. Definition of nonprofit includes public or private institutions of higher education

6. Key Definitions: Eligibility Why It Is Important Consortium of schoolsmeans two or more public elementary or secondary schools acting collaboratively for the purpose of applying for and implementing an Investing in Innovation Fund grant jointly with an eligible nonprofit organization. Consortia are limited to public schools, which includes public charter schools but excludes private schools

7. Eligibility Requirements: LEA Eligible Applicant: LEA TO RECEIVE A GRANT,MUST MUST, TO RECEIVE A GRANT MUST • Address one absolute priority • Demonstrate that it: • (a) significantly closed achievement gaps between groups of students or demonstrated success in significantly increasing academic achievement for all groups of students, and • (b) made significant improvement in other areas • Establish partnerships with private sector • Secure commitment for required 20% private sector match • Meet the evidence requirement for the type of grant for which it has applied MUST

8. Eligibility Requirements:Non-Profit with LEA/Consortium Eligible Applicant: Non-profits, in partnership with LEA(s) or a consortium of schools TO RECEIVE A GRANT,MUST MUST • Address one absolute priority • Demonstrate that the non-profit organization has a record of significantly improving student achievement, attainment, or retention through its record of work with an LEA or schools • Secure commitment for required 20% private sector match • Meet the evidence requirement for the type of grant for which they have applied MUST

9. Key Definition: Partners Why It Is Important Official partnermeans any of the entities required to be part of a partnership under section 14007(a)(1)(B) of the ARRA (i.e., a non-profit organization, an LEA, or a consortium of schools). In the case of an eligible applicant that is a partnership between a nonprofit organization and (1) one or more LEAs or (2) a consortium of schools, the partner that was the applicant, and became the grantee when the partnership was selected to receive an award, may make subgrants to one or more of the official partners Other partnermeans any entity, other than the applicant and any official partner, that may be involved in a proposed project.

10. Grantee/Fiscal Agent • The grantee is the fiscal agent, the party responsible for implementation of the grant and proper use of i3 grant funds • If an application is submitted by an LEA, applying on its own,the LEA is the grantee and the fiscal agent if selected for funding • If an application is submitted by a partnership that consists of a nonprofit organization and either one or more LEAs or a consortium of schools, any official partner can be the lead applicant and would become the grantee and fiscal agent if selected for funding

11. All Eligible Applicants Must Implement Practices, Strategies, or Programs for High-need Students High-need studentmeans a student at risk of educational failure, or otherwise in need of special assistance and support, such as students who are living in poverty, who attend high-minority schools, who are far below grade level, who are over-age and under-credited, who have left school before receiving a regular high school diploma, who are at risk of not graduating with a regular high school diploma on time, who are homeless, who are in foster care, who have been incarcerated, who have disabilities, or who are limited English proficient. MUST MUST

12. Types of Awards Available Under i3 i3 Development Validation Scale-up