"We are honored to help bring this vision to bear, and to match our words and actions to the values of equity and inclusion we have always prized at Apple".
As you can see, Apple's Racial Equity and Justice Initiative is an on-going effort that requires evaluating new opportunities constantly.
Lisa Jackson, Apple's vice president of environment, policy and social initiatives, is leading the initiative.
"Apple is the ideal partner for us to help educate and prepare a diverse generation of coders, tech leaders and entrepreneurs, and Detroit - Michigan's innovative technology and premier urban hub - is the right location for this academy", MSU President Samuel L. Stanley Jr. told The Detroit News.
The projects include the Propel Center. The company is making a $25 million contribution to help launch the Propel Center, which supports students and faculty members at historically black colleges and universities (HBCUs).
Apple has announced today that its launching a set of major new projects as part of its $100 million Racial Equity and Justice Initiative (REJI) which includes "a first-of-its-kind global innovation and learning hub for Historically Black Colleges and Universities (HBCUs)", an Apple Developer Academy to support coding and tech education for students in Detroit; and venture capital funding for Black and Brown entrepreneurs. Experts from Apple will help develop curricula and provide ongoing mentorship and learning support, along with offering internship opportunities.
"We're thrilled to be partnering with Apple on this extraordinary project", said Anthony Oni, founder and chairman of the board at Ed Farm, which designed the centre.
Aside from its Propel Center work, Apple plans to offer two grants to support HBCU engineering programs as well as scholarships for 100 new Apple Scholars from underrepresented communities.
Apple also plans to host its first Entrepreneur Camp for Black Founders and Developers online next month that will offer personal one-on-one code-level guidance from Apple engineers along with mentorship from Apple leaders.
The second major initiative that Apple announced is plans to open its first US -based Apple Developer Academy later this year, which will be located in Detroit in order to benefit the Black entrepreneur and developer community.
Apple partnered with Michigan State University for the courses, which will be open to all people across Detroit. A 30-day introductory program is designed for learners who are considering app economy careers and looking to better understand what it means to be a developer. It's expected to reach about 1,000 students each year focusing on coding, design, marketing and professional skills.
In addition, Apple is today announcing two new investments in the venture capital and banking spaces, with both projects created to provide capital to minority-owned businesses.
Apple said it would invest $10 million in a fund with Harlem Capital, a New York-based early-stage venture firm, with the goal of helping fund 1,000 companies over 20 years.