Innovative STEM Networks Act or the I-STEM Act - Amends the Elementary and Secondary Education Act of 1965 to direct the Secretary of Education to award competitive grants to states or local educational agencies (LEAs) to establish STEM (science, technology, engineering, or mathematics) innovation networks in partnership with nonprofit organizations, businesses, institutions of higher education (IHEs), educational service agencies, or other entities to prepare students for postsecondary education and careers in the STEM fields.
Directs the Secretary of Education to: (1) award no less than 5 and no more than 10 of those grants each fiscal year, and (2) give priority to grantees that include or serve a high-need LEA.
Requires the grants to be used to:
Authorizes the grants to be used to: