The Orlando Science Center launched a multi-million dollar comprehensive Unlock Science campaign to tackle the national Science Technology Engineering and Math (STEM) learning priority. The Center will reach more students and teachers and make a bigger impact on STEM industries by expanding programs and updating exhibits.
The priorities of the Unlock Science campaign are to:
1) Innovate content by reclaiming space from within to dedicate 60,000 square feet to experiential galleries, and a STEM Discovery Center. Content will include Early Childhood, Health & Wellness, Nature & Environment, Space Science, Physical Science, Earth Science and Natural Sciences.
2) Increase access to under-served audiences.
3) Grow Orlando Science Center’s endowment to ensure long-term success and to offer resources for innovation.
The original loan was for $1.2 million with a term of 10 years, with semi-annual payments of $100,000 due on November 1st and February 1st through February 1, 2020. The total repayment was $2 million and the Orlando Science Center has fulfilled all of its obligations to date. They will continue their payments through February 1, 2020 but instead of repaying the original loan, the funds will be deposited into a City held Capital Campaign Account and Repair and Replacement Account for the Science Center to access according to the terms of this agreement.