Education Agency Will Offer Grants for Innovative Ideas

October 6, 2009, The New York Times — The federal Department of Education sketched out a new nationwide competition on Tuesday under which some 2,700 school districts and nonprofit groups are expected to compete for pieces of a $650 million innovation fund.

The department already has the 50 states vying for chunks of a $5.4 billion education improvement fund that it calls Race to the Top; the innovation fund is a separate competition.