Investing in Innovation Fund (i3)

   Current Section  Funding Status
Performance
 Office of Innovation and Improvement Home
Funding Status

FY 2015

Total Funds Awarded: $112,400,000.

Range of Awards:

Scale-up grants: Up to $20,000,000.
Validation grants: Up to $12,000,000.
Development grants: Up to $3,000,000.


FY 2014

Total Funds Awarded: $128,960,723

Range of Awards:

Scale-up grants: Up to $20,000,000.
Validation grants: Up to $12,000,000.
Development grants: Up to $3,000,000.

Average Size of Awards:

Scale-up grants: 20,000,000.
Validation grants: $11,986,548.
Development grants: $2,905,454.

Number of Awards:

Scale-up grants: 1 award.
Validation grants: 4 awards.
Development grants: 21 awards.


FY 2013

Total Funds Awarded: $134,191,625.

Range of Awards:

Validation grants: Up to $12,000,000.
Development grants: Up to $3,000,000.

Average Size of Awards:

Validation grants: $11,798,177.
Development grants: $2,950,002.

Number of Awards:

Validation grants: 7 awards.
Development grants: 18 awards.

In FY 2013, the Department did not fund any Scale-up grants.


FY 2012

Total Funds Awarded: $142,762,392.

Range of Awards:

Validation grants: Up to $15,000,000.
Development grants: Up to $3,000,000.

Average Size of Awards:

Validation grants: $11,804,729.
Development grants: $2,793,354.

Number of Awards:

Validation grants: 8 awards.
Development grants: 12 awards.

In FY 2012, the Department did not fund any Scale-up grants.


FY 2011

Total Funds Awarded: $148,064,455

Range of Awards:

Scale-up grants: Up to $25,000,000.
Validation grants: Up to $15,000,000.
Development grants: Up to $3,000,000.

Average Size of Awards:

Scale-up grants: $24,995,690.
Validation grants: $14,554,860.
Development grants: $2,958,497.

Number of Awards:

Scale-up grants: 1 award.
Validation grants: 5 awards.
Development grants: 17 awards.


FY 2010

Total Funds Awarded: $645,978,395

Range of Awards:

Scale-up grants: Up to $50,000,000.
Validation grants: Up to $30,000,000.
Development grants: up to $5,000,000.

Average Size of Awards:

Scale-up grants: $48,179,664.
Validation grants: $20,713,323.
Development grants: $4,683,096.

Number of Awards:

Scale-up grants: 4 awards.
Validation grants: 15 awards.
Development grants: 30 awards.


 
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Last Modified: 03/24/2015