
JPMorgan Chase, one of the world’s largest banks, recently announced plans to invest $2 million in Miami’s tech sector. The investment comes as part of a larger effort to increase access to technology, training, and resources to foster greater tech equity throughout the region.
“We’re intent on building a stronger and more inclusive culture in Miami,” said Lowell McAdam, CEO at JPMorgan Chase. “Technology has the potential to open up great opportunities for the people in this area, and we’re determined to make sure everyone is included in its potential.”
The investment, dubbed the “Miami Tech Equity Initiative,” will focus on giving local tech entrepreneurs access to capital, mentorship, resources, and training to create a more equitable landscape. “We want to ensure that everyone in the Miami area has access to the technology and resources necessary to succeed,” said McAdam.
The initiative will focus on three key areas: expanding digital infrastructure, bolstering local tech resources, and creating networks of support to spur greater success among young tech entrepreneurs.
JPMorgan Chase has already begun the process of rolling out the initiative by signing partnerships with local tech organizations and start-ups. “This is just the beginning of what will be an ongoing effort to ensure that Miami-area tech startups stay competitive in the global market,” said McAdam.
JPMorgan Chase is committed to having a positive impact on the communities it serves, and the Miami Tech Equity Initiative is an example of how its actions often lead to tangible change. With this investment, the company is hoping to provide more opportunities for early-stage tech founders and give them the resources they need to scale quickly and create even more jobs in the area.
JPMorgan Chase deploys $2 million to progress tech fairness in Miami JPMorgan Chase
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