Tennessee always had an inside track on winning a share of federal Race to the Top funding.
The $500 million application from the state and a similar application from Delaware were chosen in the opening round of the grant program, according to a Wall Street Journal report.
The funding over four years comes from a pool of $4.35 billion that 40 of the 50 state governments have applied to receive.
A customized collection of grant news from foundations and the federal government from around the Web.
Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.