The company has committed to donating the funds over the next five through grants to organizations that focus on job training and opportunities. The $1 billion will be given out as grants to non-profits around the world specializing in addressing the education and technology gaps. It's the largest single commitment Google has made.
The memo instructs U.S. Secretary of Education Betsy DeVos to direct competitive grant money to STEM focused programs, with the goal of $200 million a year for five years. A number of prominent companies in tech and other industries said they will make contributions over the next five years, though some offered few specifics on on the nature of those gifts.
As a part of ongoing efforts to invest in a more diverse technology workforce, Dell Inc. expects to contribute $14 million in grants and technology donations to support future generations of STEM workers, in current fiscal year which ends Feb. 3, 2018. Current donations made across Dell's 71 youth learning partners globally are expected to bring technology education to more than 1.5 million underserved youth.
The funds allow schools to expand their computer programming education, which gives them a chance to start teaching skills, such as coding, at a younger age. Such classes can offer training for technology-based jobs in the future. This expands the opportunities for students to start their careers straight out of high school rather than obtain a four-year degree.
“We appreciate the White House’s action to elevate science, technology, engineering, and math (STEM) at the Department of Education. While we look forward to more details on how this will work, we applaud the Trump Administration’s recognition of the connections between STEM skills and the best American jobs in the global economy. Although we differ with the President on funding levels for education programs at the Department, we certainly agree about the need to prioritize federal investments in STEM education – both in and outside the classroom. Our future depends on success in STEM.”
The funding is a part of the White House’s new initiative to boost STEM and computer science education in grades K-12, which the administration announced on Monday. The initiative will combine the $300 million from the private sector with at least another $200 million from the Department of Education. The money will be spent on computer science curriculums around the country starting in the 2018 fiscal year.
The White House will put at least $200 million in grant funding towards bolstering STEM and Computer Science education “particularly among historically underserved groups,” the administration announced Monday. The minimum $200 million commitment from the Department of Education is supposed to bolstered by private sector contributions that senior administration officials say will be announced later this week.
New awards from the National Science Foundation’s (NSF) Established Program to Stimulate Competitive Research (EPSCoR) will provide 30 non-tenured researchers with fellowships, partnering them with premier research centers and enhancing their ability to work at the frontiers of science and engineering.
General Motors Co. (GM) recently announced that it would contribute more than $850,000 to four nonprofits to help prepare young women and minorities for science, technology, engineering and math (STEM) careers.(1) With this pledge, GM’s total investment in STEM education will exceed $10 million by year end.(2) Monica Eaton-Cardone, an IT executive specializing in risk management and fraud prevention, commends the automotive leader and calls for other firms to undertake their own efforts to help increase the number of women in technology professions.
News out of Blacksburg, Virginia finds the A. James and Alice B. Clark Foundation joining an ever-growing list of grantmakers focused on STEM diversity. The Bethesda, Maryland-based foundation gave the school a $15 million gift to Virginia Tech to increase the number of minorities in its engineering department over the next five years.