Apple will give $25 million to small businesses. How can you apply for this assistance?

Apple’s Racial Equity and Justice Initiative Program has announced a new $25 million investment that will benefit minority-owned businesses in the United States that typically struggle to find funding. In particular, startups in Miami, San Francisco, and other tech and latex hubs in the country could benefit.

REJI, for its English acronym, is a program that was founded by Apple in June 2020 and has already exceeded the $200 million initially planned to support the country’s Latino, Black and Indigenous communities, facilitating access to education and financial education and promoting judicial reform in the United States, but also In countries like Mexico, Australia and Canada.

According to the company, more than 160,000 people have received in-person training and more than $50 million has been invested in historically black educational institutions and institutions serving Hispanics.

We recommend that you read: 10 Loans and Scholarships for Small Latino Businesses in the United States 2023

How do you get investment from Apple for your business?

While Apple won’t give you money directly for your work, the company has provided $25 million through three venture capital firms: Collab Capital, Harlem Capital, and Vamos Ventures. They all work to help minority businesses.

Come to Ventures In particular, she resides in Los Angeles and helps provide financing and partnership for Latino and diversified companies. In particular, this company is focused on helping businesses that focus on health, wellness, the future of work, sustainability, and financial technology.

Apple and its venture capital partners are interested in technology-driven businesses that improve the future. Here you can check out some Vamos Ventures requirements.

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Study opportunities in Miami

Although Apple’s programs benefit Hispanics across the US, the company is a partner of Miami Dade College, which is currently implementing Miami Codes, a project to increase the number of minority students developing iOS coding skills, with the goal of supporting the company.

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Apple covers all necessary payments for recipient students, including transportation, as well as other items such as computers and software needed for learning.

Now might be a good time to explore the “summer camps” also offered by Miami Dade College, where two high school students can explore iOS app development.

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