Commitment to Action

Investing in Early Childhood Education Innovations

Commitment by

J.B. and M.K. Pritzker Family Foundation

In 2012, the Pritzker Children's Initiative committed to the launch, leadership, and support of a new Early Childhood Innovation Accelerator. This Accelerator is the first hybrid investment vehicle dedicated to advancing private sector innovations that accelerate the availability of quality public and private early childhood education systems for vulnerable and disadvantaged children nationwide. Specifically, these commitment goals will be addressed through three strategic types of investments made through the Accelerator: (1) Capital Market Innovations to leverage capital markets to finance quality ECE services (e.g. funding pay-per-performance contracts, piloting Social Impact Bonds, and reducing real estate expense for high-quality providers); (2) Enterprise and Venture Innovations to direct investments of equity and debt to help scale best-in-class early childhood education operations or content and technology innovators; and (3) Market Building to fund grants to build more demand for high-quality, publicly accessible early childhood education (e.g. Chicago's Early Childhood Education Web Portal). Through these efforts, investments through the Accelerator aim to reach 500,000 infants, toddlers, and their families over 10 years.

Share

Tabs

Overview
Summary

Commitment

Investing in Early Childhood Education Innovations

Launched

2012

Est. Duration

2 Years

Estimated Total Value

$1,000,000

Region

Northern America

Countries

United States

Commitment by

J.B. and M.K. Pritzker Family Foundation