Apple has awarded $5 million in “Innovation Grants” to four historically Black colleges and universities (HBCUs) in the United States. Alabama A&M University, Howard University, Morgan State University, and Prairie View A&M University will all receive funds from Apple as part of its $100 million Racial Equity and Justice Initiative.
The money, given over three years, will be used to help prep students for future careers in both hardware technology and silicon chip design. In other words, while there’s no guarantee of this, Apple could be helping provide the training that will up-skill future Cupertino employees. If that pays off, it’s a great investment on Apple’s part, as well as being a positive social contribution.