Intel Collaborates With Georgia Tech to Boost Diverse Tech Pipeline
August 04 2015 - 09:00AM
Business Wire
Intel to Invest $5M in Collaboration with
Georgia Institute of Technology;
Program Anticipated to Benefit More than
1,000 Students over 5 Years
NEWS HIGHLIGHTS
- Intel announced it is investing $5
million in a program with Georgia Tech to help build the pipeline
of diverse engineers in the tech industry.
- The Intel and Georgia Tech program is
anticipated to benefit more than 1,000 students over the next five
years through mentoring, access to meaningful research
opportunities and scholarships.
- Intel’s new collaboration with Georgia
Tech supports the $300 million Intel Diversity in Technology
initiative to build a bigger pipeline of underrepresented minority
engineers and computer scientists.
Today, Intel Corporation announced it will invest $5 million
over the next five years to deepen its engineering pipeline
partnership with the Georgia Institute of Technology and deploy
research-driven solutions to inspire and retain women and
underrepresented minorities to start and complete computer science
and engineering degrees.
The Intel and Georgia Tech program, announced in conjunction
with the first-ever White House Demo Day, builds on Intel’s ongoing
commitment to improve diversity in the technology industry. Earlier
this year, Intel announced a new goal in diversity and inclusion:
to achieve full representation of underrepresented minorities and
women by the year 2020 in its U.S. workforce, along with a $300
million Diversity in Technology initiative to help build a pipeline
of underrepresented engineers and computer scientists, to foster
hiring and inclusion of women and underrepresented minorities at
Intel, and to fund programs to support a more positive
representation of women and underrepresented minorities in
technology and gaming.
“Filling the tech industry pipeline with diverse students is
critical to increasing the number of diverse engineers and computer
scientists in the field,” said Rosalind Hudnell, vice president of
Human Resources and Chief Diversity Officer at Intel. “The goal of
this program is to inspire and support more women and
underrepresented minorities to earn technical degrees so we can
hire them down the road – we want to foster those future tech
innovators.”
The program will support and expand several existing Georgia
Tech initiatives, including:
- Summer Engineering Institute:
The three-week Summer Engineering Institute hosts rising 11th- and
12th-graders from around the country. Students learn basic
engineering and computer science techniques and gain hands-on
experience through working in teams to solve real-world engineering
problems.
- RISE: Retaining Inspirational
Scholars in Technology and Engineering (RISE) provides financial
support to talented underrepresented minority and non-traditional
students. Intel’s existing Diversity Scholars program will provide
scholarships with priority going to those whose majors align with
Intel’s interests: electrical engineering, computer science and
computer engineering.
- Peer-2-Peer Mentoring: The
mentoring program provides specialized guidance and support to
undergraduate students majoring in science, technology, engineering
and math (STEM), while also helping them adjust to the climate and
culture at Georgia Tech. Mentors and mentees develop leadership,
communication and networking skills.
- SURE: The Summer Undergraduate
Research in Engineering (SURE) is a 10-week research program to
attract qualified minority students from across the country into
graduate school in the fields of engineering and science. In
addition to conducting research, participants receive mentoring
from faculty and graduate students and participate in professional
development and technical seminars.
- Focus: The Focus program invites
college juniors and seniors from around the country to attend a
three-day event designed to raise awareness of graduate education
among underrepresented students. Participants learn about financial
resources, visit research laboratories, network with other scholars
and receive help with the graduate school application process.
The Intel and Georgia Tech program is anticipated to result in
retaining more than 1,000 underrepresented minority students and
improve access to thousands more students.
“It is a national imperative that the U.S. continue to enhance
the engagement of students of all backgrounds in STEM fields to
create a more robust economy,” said Gary May, dean and Southern
Company Chair in the College of Engineering at Georgia Tech. “The
higher education and private sectors must combine forces to achieve
the impact that is necessary. As a national leader in producing
outstanding underrepresented engineering graduates, Georgia Tech is
pleased to partner with Intel in this transformative
initiative.”
The Intel and Georgia Tech program was announced in conjunction
with the first-ever White House Demo Day, which celebrates the
important role entrepreneurship plays in America’s economy. Unlike
a private-sector demo day, where entrepreneurs and startups pitch
their ideas to funders, this new event invites innovators from
around the country to “demo” their individual stories in
Washington, D.C.
Earlier this year, Intel CEO Brian Krzanich announced that Intel
is entering into a memorandum of understanding with the Oakland
Unified School District and will invest $5 million over the next
five years to improve access to computer science and engineering
careers as early as high school. As part of Intel’s new
collaboration with Georgia Tech, many of the Oakland students will
have the opportunity to participate in Georgia Tech’s Summer
Engineering Institute.
More information on Intel’s $300 million Diversity in Technology
initiative is available on the Intel newsroom.
About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation.
The company designs and builds the essential technologies that
serve as the foundation for the world’s computing devices. As
a leader in corporate responsibility and sustainability, Intel also
manufactures the world’s first commercially available
“conflict-free” microprocessors. Additional information about Intel
is available at newsroom.intel.com and blogs.intel.com, and about
Intel’s conflict-free efforts at conflictfree.intel.com.
Intel and the Intel logo are trademarks of Intel Corporation in
the United States and other countries.
*Other names and brands may be claimed as the property of
others.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150804005698/en/
Intel CorporationLisa Malloy,
202-270-7600lisa.malloy@intel.comGail Dundas,
503-816-2382gail.dundas@intel.com
Intel (NASDAQ:INTC)
Historical Stock Chart
From Feb 2024 to Mar 2024
Intel (NASDAQ:INTC)
Historical Stock Chart
From Mar 2023 to Mar 2024