Akamai Foundation Announces 2022 Grant Recipients

Traditional STEM education grants expanded beyond K-12 to include "Empower" grants for college, technology career pathways and entrepreneurship

CAMBRIDGE, Mass., Nov. 21, 2022 /PRNewswire/ -- Akamai Foundation, a charitable fund endowed by Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today announces recipients of the Akamai Foundation 2022 global STEM education grants.

The Akamai Foundation is dedicated to encouraging the next generation of technology innovators by supporting STEM education, with a focus on the pursuit of excellence in mathematics and diversifying the technology ecosystem. Grants focus on equal access to quality STEM education with supporting programs designed to attract more diversity to the technology industry.

In addition to early learner K-12 STEM grants, the Foundation piloted a new grant program called "Empower." The Empower grant program is an invite-only program that is offered for the first time this year. The program broadens the Foundation's giving to create more diverse talent in the technology industry by supporting later stages of the talent pipeline such as underrepresented populations in college, technology career pathways and entrepreneurship. Empower grants are higher threshold grants ranging from $25 - $100,000 and above, with $1 million awarded in this first cycle.