The path to government funding
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The U.S. Department of Education and IES (Institute of Education Sciences) awarded their 2015 Small Business Innovation Research grants to 21 educational startups this spring (ies.ed.gov/ sbir/2015awards.asp). FedScoop reported that this year’s grants will total more than $9 million and cover initiatives in two phases. Phase I grants run for some 6 months and help startups develop prototypes for educational products; Phase II helps them move on to “fully scale their products over two years to be used in classrooms.” Nearly one-fourth of the grantees’ products focus on environment simulations through augmented and virtual realities.