Tech giants pledge millions to Trump initiative
The Trump administration announced Tuesday in Detroit that Facebook, Google, Microsoft and other companies are committing more than $300 million toward computer science education programs over the next five years.
First daughter Ivanka Trump attended an event in the city championing technical training for high skilled jobs in computer science and engineering.
“Computer science and coding are priorities for the administration as we think about pathways to jobs and alignment of education to in demand jobs in the modern economy,” Trump said.
Officials from Lockheed Martin, Quicken Loans and the Internet Association, a trade group representing major tech firms, which coordinated the $300 million donations, were also in attendance.
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.
Most high schools in the U.S. currently offer no computer science education, something the White House’s program hopes to change.
Tech companies are pledging a lion’s share of the money.
Amazon, Facebook, Google, Microsoft and Salesforce each committed $50 million. Accenture, General Motors and Pluralsight will each give $10 million. Lockheed Martin committed another $25 million. Three million dollars will be contributed by foundations and private individuals, who were not named by the Internet Association, who along with Intuit is also “providing a significant contribution.”