$650 million “Investing in Innovation” education fund finalists

For some of you, Wednesday’s post about the Harlem Children’s Zone was sort of an education reform buzz kill. If you’re wondering, “What do we do now?,” here’s this: The US Dept. of Education just named the finalists for its $650 million Investing in Innovation (i3) fund–which dwarfs even the $210 million best case scenario for the Promise Neighborhood fund.

The finalists include the fairly well-regarded KIPP (Knowledge is Power Program) charter school company, and the City of New York (public obviously, but also known for its market-based approaches to education). That’s already interesting because for those who consider charter schools to be a threat to public education, consider that there are several KIPP schools in NYC, and both proposals may be be funded.

  • KIPP wants $50 million for a national principal training program that they claim leads to “radically improved student achievement and attainment outcomes.”
  • NYC  wants $5 million for a very fancy sounding computer program that collects data on all students and uses a “state-of-the-art learning algorithm” (like Google!) to create individually customized and adaptive curricula called “playlists” (like Apple!).
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2 Responses

  1. […] submitted to the $50 million Social Innovation Fund (not to be confused with the $650 million Investing in Innovation fund we covered on 8/6) received low scores from the 48 independent reviewers. There were also conflicts […]

  2. […] submitted to the $50 million Social Innovation Fund (not to be confused with the $650 million Investing in Innovation fund we covered on 8/6) received low scores from the 48 independent reviewers. There were also conflicts […]

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