Apple, utility each give $25M to Black college learning hub




  • In US
  • 2021-01-13 22:19:37Z
  • By Associated Press

ATLANTA (AP) - Apple and a major utility are each giving $25 million to launch a learning center and business incubator for students of historically Black colleges and universities, part of an outpouring of giving to such schools in the wake of the summer's protests over racial injustice.

The Propel Center will have a physical campus in Atlanta and online offerings meant to reach students at each of the country's 100-plus historically Black institutions..

Apple also announced Tuesday that it will make grants to HBCU engineering programs to expand curricula, research and lab space, add 100 new scholarships for students and open a first-of-its-kind developer academy in Detroit. It will also invest $10 million over the next 20 years with venture capital firm Harlem Capital to fund startups with diverse founders and $25 million in the Clear Vision Impact Fund for capital loans to small and medium-size businesses, with an emphasis on minority-owned companies.

"We are all accountable to the urgent work of building a more just, more equitable world - and these new projects send a clear signal of Apple's enduring commitment," Apple CEO Tim Cook said in a statement.

The money from Apple will finance a virtual presence and a 50,000-square-foot (4,650-square-meter) building for the Propel Center near the Atlanta University Center. That's a consortium of four Black colleges - Clark Atlanta University, Morehouse College, Spelman College and the Morehouse School of Medicine - that share resources such as a common library. Another $25 million from Atlanta-based Southern Co., an electric and gas utility, will pay for engineering and career training.

"Propel will provide HBCU student-scholars across the country access to cutting-edge technology, resources, and programming to be globally competitive across multidisciplinary disciplines and career trajectories," Clark Atlanta University President George T. French Jr. said.

Propel Center is being spearheaded by Ed Farm, a nonprofit based in Birmingham, Alabama, that earlier started a program to teach computer coding and bring career opportunities to HBCUs.

"We're thrilled to be partnering with Apple on this extraordinary project," said Anthony Oni, Ed Farm's founder and a vice president at Southern Co. "The Propel Center will help cultivate leadership and drive innovation in tech and beyond, acting as a springboard for change in communities across America."

The Propel Center will offer academic programming both in person and online. Classes will focus on entrepreneurship, computer programming and the business of entertainment, but also agriculture, leadership and social justice. The center also seeks to promote coaching, business startup and idea development.

The center will host some students and teachers at its Atlanta campus who will live onsite.

Apple said the giving is part of a $100 million racial equity and justice initiative it announced in June, while Southern Co. said it's part of a $50 million initiative to support HBCUs in the company's service area of Alabama, Mississippi, Georgia, North Carolina, Tennessee and Virginia.

Apple's Detroit developer academy will be a partnership with Michigan State University.

COMMENTS

More Related News

Apple warns against putting an iPhone 12 too close to your pacemaker
Apple warns against putting an iPhone 12 too close to your pacemaker

Apple has issued a warning that the iPhone 12 and MagSafe accessories might interfere with medical implants like pacemakers.

Wimkin
Wimkin's founder says his company is being treated unfairly after its app was removed by Google and Apple app stores

Alternative social media network Wimkin saw a 20% spike in users in before Google removed it from its app store, says its founder.

Wall Street analysts expect Apple to set a new milestone by topping $100 billion in holiday quarter sales
Wall Street analysts expect Apple to set a new milestone by topping $100 billion in holiday quarter sales

Growth in the holiday quarter means Apple is poised to post quarterly revenue topping $100 billion for the first time, according to Wall Street.

Augmented reality and the next century of the web
Augmented reality and the next century of the web

This week, I scribbled some thoughts on another aspect of the future web, the ongoing battle between Facebook and Apple to own augmented reality. If the...

Tech shares could retake market reins as earnings heat up
Tech shares could retake market reins as earnings heat up

A bevy of major U.S. earnings reports next week led by Apple, Microsoft and Facebook could help technology and growth stocks reassert their dominance after a...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: US