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SHELTON,
Conn.--(BUSINESS WIRE)--March 22, 2006--When the Federal budget for
fiscal year 2007 was released last month, educators nationwide were shocked
to learn that funding for education programs would be some $2.1 billion less
than last year. Key programs such as education technology state grants and
vocational education were eliminated, while new ones such as a high school
improvement initiative were added. The cuts and myriad changes in programs
have sent educators scrambling to not only find new resources, but to
navigate their way through the complexities of the federal funding process.
At the Florida
Educational Technology Conference this week in Orlando, MDR and RedRock
Reports are introducing a solution to this problem. The School Funding
Services solution
http://www.schoolfundingservices.com is a complete, turn-key system that
offers a comprehensive, online database covering federal, state, local and
private funding programs and updates, along with informative tips, analysis,
and consulting services for K-12 education companies and educators, alike.
"There is a
huge need for a professional business tool which provides both timely and
accurate funding resource information," said Fady Khairallah, general
manager of MDR. "We believe that School Funding Services fits the bill by
giving education companies the opportunity to identify funding opportunities
that will support schools' future programs and educational goals."
Subscribers
to the School Funding Services comprehensive collection can choose from one
of three subscription levels: Standard, Pro, or Enterprise Edition. The
Standard Edition subscription includes access to the information database
with five individual logins, SFS Alerts, automatic email updates with grant
deadline reminders, new funding sources, changes in deadlines and grant
award announcements, and a monthly newsletter with recaps of key events and
changes in education funding along with informative tips and analysis of
current funding legislation and policy.
The Pro
Edition provides access to the database with eight individual logins, SFS
Alerts, the newsletter, and additional services such as Webcasts, SFS Action
Plans, step-by-step strategies for effectively applying available dollars,
and "Snapshot" reports covering subject-specific funding information at both
state and federal levels.
The
Enterprise Edition, a unique package for larger companies, receives all of
the services of the Pro Edition, plus more. All SFS subscribers also have
on-request access to RedRock Reports' highly qualified education market
consultants who offer education technology and publishing companies and
their customers a host of funding support services. They include grant
writing, grant selection to match grant funding opportunities with specific
product offerings, and bid list placement to help companies get their
products on state approved qualification lists. Additionally, RedRock
Reports will work to customize business sales and marketing programs, as
well as customer assistance programs, to maximize federal, state, and
private funding opportunities.
"With the
launch of this unique on-line service, MDR and RedRock Reports have charted
a new course as the source for education funding information," said Jennifer
House, Ph.D., president of RedRock Reports. "It is a wonderful and rare
opportunity to provide the market with such a needed, valuable service."
About MDR
For over 36
years, MDR has provided leading sales and marketing solutions for businesses
serving the education market. MDR's unparalleled institution and educator
databases, tracking hundreds of demographic data elements, have formed the
core of comprehensive solutions including: high-opportunity sales lead
tools; direct marketing lists and database marketing services; targeted and
timely e-mail channel market coverage; data warehouse and campaign
management support; Web-based data access and analytics; custom market
research including e-surveys and market trend analysis and reports. For more
information please visit
http://www.schooldata.com.
About
RedRock Reports
RedRock
Reports was created by industry veterans to provide the K-12 publishing,
technology, and services community with accurate, comprehensive, and
actionable information about education funding and funding trends. RedRock
Reports delivers subscription products and custom consulting which helps
education companies focus and target sales and marketing efforts while
helping educators pursue current funding opportunities. For additional
information please visit
http://www.redrockreports.com.
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