The three-year partnership will see the two organisations recruit and train 75 science, technology, engineering and maths (STEM) teachers to provide education to disadvantaged young people.
Chancellor of the Exchequer George Osborne witnessed the signing of the agreement and staff during his visit to the Rolls-Royce training and development centre in Derby.
“Rolls-Royce is a great British success story and its decision to partner with Teach First will help develop the next generation of scientists and engineers,” claimed Osborne.
“Making the UK a world leader in science and innovation is a key part of our long term economic plan which is why we have protected the science budget, introduced coding in schools and launched the Your Life campaign,” he added.
By partnering with Rolls-Royce, Teach First’s capacity for training has been increased and it is the believed the 75 additional STEM teachers will help raise achievements and aspirations for 10,000 students.
“The UK economy needs 40,000 extra STEM graduates each year to fill the 104,000 graduate-level STEM jobs the economy requires,” claimed CEO of the charity Brett Wigdortz.
“Too few students are taking up these subjects and the problem is even worse for pupils in low-income communities.
“Talented and passionate teachers are vital to solving this education and economic challenge and we are delighted that through the support from Rolls-Royce we will be able to reach and inspire another 11,250 pupils,” he added.