The Ford Foundation is committing more than $20 million to enhance the field of public interest technology. This initiative includes up to $1.5 million specifically earmarked for the establishment of a pioneering public interest technology institute at a Historically Black College or University (HBCU). Advancing Technology for Public Good The invesment was announced as part of the Biden-Harris Administration’s efforts to advance a diverse and inclusive tech ecosystem at an event by the White House Office of Science and Technology Policy (OSTP). As well as celebratinh the vital role of
The Biden-Harris administration and the U.S. Economic Development Administration (EDA) have granted $51 million to the Tulsa Hub for Equitable and Trustworthy Autonomy (THETA). Led by Tulsa Innovation Labs, the initiative aims to enhance the region’s capabilities in autonomous systems through advanced manufacturing and technology deployment. Tulsa’s Legacy of Innovation Tulsa is one of 12 regions awarded funding from the 31 designated “Tech Hubs” last fall. This federal investment leverages Tulsa’s strong history in aerospace and manufacturing to push U.S. leadership inequitable and trustworthy autonomous systems. The city’s focus areas
Post-pandemic economic recovery among racial groups is the “most equitable in recent history,” a new Treasury Department report has found. While Black and Hispanic Americans typically bear the brunt of recessions, economic gaps between racial groups have narrowed in the last three years. Post-Pandemic Unemployment Rates The Treasury Department report states that prospects for the American economy looked grim at the beginning of 2021 following the pandemic and numerous lockdowns. Professional forecasters expected the unemployment rate to remain well above 5% for the following year, with Black and Hispanic Americans
