Comcast Commits to Investing $1 Billion Over Next 10 Years to Reach 50 Million Low-Income Americans with Tools and Resources to Succeed in Digital World
On the 10th anniversary of its Internet Essentials program, Comcast today announced it would invest $1 billion over the next 10 years to help further close the digital divide and give even more low-income Americans the tools and resources they need to succeed in an increasingly digital world. The announcement coincides with the release of a 10-year Progress Report showing that, since 2011, the company, working in collaboration with its network of thousands of nonprofit partners, has connected a cumulative total of more than 10 million people in America to broadband Internet at home, the overwhelming majority of whom were not connected prior to signing up. |
Here’s What You Need To Know –
Comcast’s $1B commitment over the next 10 years will fund investments in a number of critical areas, including:
- Additional support for its ongoing Lift Zone initiative, which establishes WiFi-connected safe spaces in 1,000+ community centers nationwide for students and adults by the end of 2021
- New laptop and computer donations
- Grants for nonprofits to create opportunities for low-income Americans, particularly in media, technology, and entrepreneurship
- Continued investment in the company’s landmark Internet Essentials program