100Kin10, a multi-sector partnership with the objective of training 100,000 science, technology, engineering and math (STEM) teachers over the next decade, announced the creation of the Innovation Fund II, with a target of $20 million, to invest in entrepreneurial approaches to bringing more STEM teachers to American classrooms. The partnership’s first fund, which also had a target of $20 million, closed in February 2012 with 15 funders making commitments totaling $24 million. The MacArthur-supported Fund will help identify, prepare, and retain strong STEM teachers, and is structured to allow funders to maintain control over how their respective commitments are invested.
