New $250 million STEM initiative

According to the Chronicle of Philanthropy, the White House has launched a $250 million public-private initiative "to improve science and mathematics instruction with the goal of helping the nation compete in key fields against global economic rivals...With funding from high-tech businesses, universities, and foundations, the program will work to prepare more than 10,000 new math and science teachers over five years and provide on-the-job training for an additional 100,000 in science, technology, engineering, and math. The initiative nearly doubles, to more than $500 million, the Educate to Innovate initiative, which the White House launched in November to improve STEM education."