Gates Foundation seeks new college technology

The Bill & Melinda Gates Foundation is offering up to $20 million in grants to attract new technology aimed at helping students get a college degree.

Grants of $250,000 to $750,000 are available to organizations and entrepreneurs who come up with new ways to get kids ready for college and then succeed while they're on campus.

The foundation says applications for the grants are due Nov. 17 and winners will be announced next spring. The Next Generation Learning Challenges project will be run by a nonprofit organization called EDUCAUSE.

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Online:

Gates Foundation: http://www.gatesfoundation.org

EDUCAUSE: http://www.educause.edu/