Google plans to commit an estimated $175 million towards racial equity. The tech giant also plans to put a concentrated focus on black-owned businesses.
Google – Pixel 3a with 64GB Memory Cell Phone (Unlocked) – Just Black – G020G
Check out how Google plans to allocate the funds.
$50 million in financing and grants for small businesses, focused on the Black community and in partnership with Opportunity Finance Network. This commitment builds on our recent $125 million Grow with Google Small Business Fund that is helping underserved minority and women-owned small businesses across the U.S.
$100 million in funding participation in Black-led capital firms, startups and organizations supporting Black entrepreneurs, including increased investments in Plexo Capital and non-dilutive funding to Black founders in the Google for Startups network.
$15 million in training, through partners like the National Urban League, to help Black jobseekers grow their skills.
$10 million to help improve the Black community’s access to education, equipment and economic opportunities in our developer ecosystem, and increase equity, representation and inclusion across our developer platforms, including Android, Chrome, Flutter, Firebase, Google Play and more.
source https://www.simpleprunes.com/2020/06/google-will-commit-175-million-to.html
