Commonwealth Teaching Fellows Program established. Creates a Commonwealth Teaching Fellows Program in which the Board of Education or a local school division in conjunction with a Virginia college or university with an approved education preparation program may create and serve as Administrator of intensive programs of at least eight weeks in length to prepare career-switchers and recent college graduates who have not completed coursework in education to teach in areas including science, technology, engineering, and math (STEM) and critical teaching shortage areas in public elementary and secondary schools in the Commonwealth. The Administrator would assist Fellows to secure teaching positions. Any Fellow hired as a teacher by a local school division would be awarded a three-year provisional license to teach, would receive such further training as the Board prescribes, and would have the opportunity to obtain a permanent license upon completion of three years of teaching.