Intel to Invest $5M to Deepen Partnership with Georgia Institute of Technology

intelIntel (NASDAQ: INTC) is to invest $5m over the next five years to further tight its engineering pipeline partnership with the Georgia Institute of Technology.

The Intel and Georgia Tech program, which builds on Intel’s commitment to improve diversity in the technology industry*, also aims to deploy research-driven solutions to inspire and retain women and underrepresented minorities to start and complete computer science and engineering degrees.

georgiatechIn major details, the program will support and expand several existing Georgia Tech initiatives, including:
– the Summer Engineering Institute, a three-week Summer Engineering Institute which hosts rising 11th- and 12th-graders from around the country;
– Retaining Inspirational Scholars in Technology and Engineering (RISE), which provides financial support to talented underrepresented minority and non-traditional students.
– Peer-2-Peer Mentoring program, which 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.
– The Summer Undergraduate Research in Engineering (SURE), a 10-week research program to attract qualified minority students from across the country into graduate school in the fields of engineering and science.
The Focus program, which 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.

*Earlier this year, Intel announced the goal 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.

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.

FinSMEs

04/08/2015

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