The country’s minority, which is usually Latino, has difficulties obtaining funds for their businesses. Mostly people from Latin America, startups centered in San Francisco, Miamivarious technological epicenters.
For this reason, Apple Justice and the Racial Equity Initiative program announced an investment of $25 to support small businesses with economic conflicts that are located in the United States, specifically.
“REJI, for its acronym in English, is a program that Apple founded in June 2020 and that has already exceeded the $200 million initially planned to support Latino communitiesblack and indigenous people in the country, facilitating access to education, financial education and promoting judicial reform” in the region, although also in Canada, Australia in countries such as Mexico, Australia and Canada.
At least “160,000 people have received in-person training and more than $50 million has been invested in Hispanic-serving and historically black educational institutions,” according to the company.
How can you get support from Apple?
Through venture capital firms Vamos Ventures, Collab Capital and Harlem Capital, the firm has made at least $25 million available, though it won’t give money directly to your business.
It was learned that, hand in hand with its partners, Apple is interested in people who have businesses for the future, based on technology, Acceso USA specified.
While, Vamos Ventures is located in Los Angeles: it works for Latino businesses, seeks to provide funds. “This company focuses on helping businesses focused on health and wellness, the future of work, sustainability, and FinTech.”
Despite the fact that Apple’s programs collaborate with Latinos and Hispanics in the country, “the company is a partner of Miami Dade College, which is currently implementing Miami Codes, a project to increase the number of minority students who develop communication skills.” coding for iOS, with support” with the company.