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Lasse Leponiemi

Chairman, The HundrED Foundation
first.last@hundred.org

STEM FUND

Building a inclusive ecosystem that enables students to pursue STEM learning and career oppotunitie

To strengthen the institutional models and capacities of 10–15 organizations in Brazil, Mexico, and Argentina that implement STEM methodologies with youth aged 14–20 in vulnerable contexts, achieving: Measurable improvements in STEM skills Increased aspirations toward STEM careers The consolidation of innovative and sustainable models The integration of Artificial Intelligence (AI) into teaching p

Overview

Information on this page is provided by the innovator and has not been evaluated by HundrED.

Updated January 2026
Web presence

2024

Established

3

Countries
Students upper
Target group
Through the STEM Fund, we aim to strengthen organizations working in underserved communities so they can deliver inclusive, high-quality STEM education. We seek a shift from isolated, short-term activities to sustainable, evidence-based models that build youth confidence, skills, and real pathways to education and work, embedding equity and innovation in the education ecosystem.

About the innovation

Why did you create this innovation?

The STEM Fund was created to address a persistent gap in Latin America: organizations delivering STEM education in vulnerable communities often lack the institutional capacity, flexible funding, and tools needed to scale their impact. At the same time, youth from underserved contexts face major barriers to accessing quality, relevant STEM learning. The Fund responds by strengthening organizations as key drivers of inclusive, sustainable STEM ecosystems.

What does your innovation look like in practice?

In practice, the STEM Fund is a pooled philanthropic fund that combines unrestricted grants with tailored non-financial support. Selected organizations receive funding alongside mentoring, masterclasses, and technical assistance in theory of change, impact measurement (MEL), innovation, and communications. This enables them to redesign or strengthen STEM educational programs adapted to local contexts.

How has it been spreading?

The model was first implemented in Mexico and Brazil, supporting grassroots organizations and building a regional learning network. Based on its results, it is now expanding to Argentina, with a clear pathway for replication across Latin America through new cohorts and donor partnerships.

How have you modified or added to your innovation?

We continuously adapt the model by incorporating learnings from each cohort. This includes clearer definitions of innovation and scalability, stronger pre-application support, enhanced focus on emerging technologies (e.g. AI), and improved tools for measurement, visibility, and peer learning.

If I want to try it, what should I do?

Organizations can apply through an open call when a new cohort launches. Donors or partners can join the Fund by aligning around a shared impact vision and contributing to its collaborative funding and learning model.

Implementation steps

Align and commit
Confirm your organization/donor team aligns with the Fund’s purpose (inclusive STEM for underserved youth) and can commit time to learning, measurement, and collaboration.
Join the process (Apply or partner)
Organizations apply through the open call and submit basic program and institutional information. Donors/partners align around a shared impact vision and join the pooled fund structure and governance.
Selection and due diligence
Shortlisted organizations go through an evaluation and due diligence process (governance, safeguarding, financial capacity, basic compliance) to ensure readiness to manage unrestricted funding responsibly.
Onboarding and baseline
Complete onboarding, define focal points, and apply baseline tools (institutional capacity + youth baseline where relevant) to establish a starting point for learning and improvement.
Build your Theory of Change and indicators
With coaching and templates, develop or update your Theory of Change, select core indicators, and set up a simple MEL system that is realistic and useful for decision-making.
Receive funding and implement improvements
Use the unrestricted grant to strengthen what matters most (team capacity, pedagogy, tools, operations, outreach) while delivering STEM activities with youth.
Participate in capacity-building and peer learning
Attend masterclasses/mentoring on MEL, communications, fundraising, and innovation; share practices and challenges with other organizations to accelerate learning.
Communicate results and strengthen visibility
Develop a communication plan and produce simple, consistent outputs (stories, data points, learning notes) to increase credibility, partnerships, and future funding opportunities.
Review progress and iterate
Track indicators, reflect on what works, adjust programming, and (if applicable) meet requirements for the second disbursement based on progress against agreed milestones.
Share learning and scale
Contribute to collective learning products (case studies, briefs, showcases) and explore replication, partnerships, or new territories to scale impact beyond the cohort.

Spread of the innovation

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