Eight organizations are being awarded contracts to link educational opportunities with business resources to prepare students to compete in the global economy. The $10.3 million public-private partnership will create STEM Learning Exchanges that will better prepare students in the fields of science, technology, engineering and math (STEM).
The funding package is composed of $2.3 million in federal Race to the Top funds and another $8 million in business resources. Five organizations will each be awarded $430,000 to implement STEM Learning Exchanges under three-year contracts. Three more organizations will each receive $50,000 to plan new exchanges.
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STEM fields of study to be implemented as exchanges:
-Manufacturing, Illinois Manufacturers Association Education Foundation
-Health Sciences, University of Illinois at Chicago
-Research and Development, Illinois Science and Technology institute
-Information Technology, CompTIA Workforce Development
-Agriculture, Food and Natural Resources, IFFA (formerly the Illinois Foundation for Future Farmers of America)
The following three organizations will receive planning contracts to develop exchanges by STEM fields of study.
-Energy, Illinois State University
-Finance, Chicagoland Chamber of Commerce
-Transportation, Distribution and Logistics, Illinois Chamber of Commerce