Latinos In Technology Initiative
Diversifying Silicon Valley Tech Companies
Latinos account for a large percentage of the Silicon Valley population (26%). The Latino community will double in population in the next 30 years, and yet, less than 3% of them are in the high-tech industry. It is important to note that these statistics are for the industry’s total workforce including non-technical positions. So, it would be safe to speculate the problem is even greater for technical and executive positions.
The Time To Act Is Now!
Convening and engaging the community for the betterment of Silicon Valley Latinos is one of the Hispanic Foundation of Silicon Valley’s (HFSV) three pillar priorities. The time has come to convene and engage high-tech leadership around a comprehensive and impactful initiative. To do just that, the HFSV is proposing the Latinos in Technology Initiative.
Latinos In Technology Initiative (LITI)
Latinos in Technology Initiative will be comprised of two components:
Latinos in Technology Scholarship (LITS)
This program will provide up to 100 scholarships annually for five (5) years to incoming Latino college juniors who have chosen a STEM (science, technology, engineering, math) related major. Additionally, sponsoring corporate investors will provide summer internships to the scholarship recipients.
Family College Success Center (FCSC)
This program will be a resource hub to increase educational opportunities for Latino students and their families. The FCSC will be the first of its kind in the region, if not the state. It would be a “one-start-shop” for college aspiring middle and high school students and their parents to obtain college access information, advice, guidance, workshops and on-line resources.