November 2, 2022 – San Diego, CA – San Diego Foundation announced today it is offering $750,000 in grants to help build and diversify the local talent pipeline for science, technology, engineering and math, or STEM, industries.
“We envision a San Diego where the young adults of today have the opportunity to become STEM leaders of tomorrow,” said Katie Rast, SDF Director of Community Impact. “These grants will focus on the preparation of a skilled, equitable workforce in subject areas that are specific to the needs of the San Diego region.”
As the San Diego Regional Economic Development Corporation (EDC) and the Brookings Institution outlined in “Future of Growth in San Diego: The Economic Case for Inclusion and Building San Diego’s Talent Pipeline,” San Diego has become an innovation powerhouse. Despite this great potential, not all San Diegans benefit from the advances of the innovation economy. The San Diego region needs more highly skilled workers to maintain its competitive edge. By focusing on young adults, the region can strengthen the workforce of the near future. According to the San Diego Regional Economic Development Corporation, pandemic-related disruptions have further exacerbated economic disparities threatening San Diego’s competitiveness and resilience. To remain competitive, San Diego’s small businesses will now require an additional 100,000 new quality jobs by 2030, double the previous estimate.
The Science & Technology Program grant will open Wednesday, Nov. 2, 2022, and will close at 5 p.m. PST, Friday, Dec. 16, 2022. Eligible nonprofit organizations can apply for awards ranging from $25,000 – $75,000. For more information or to apply, click here.
Since 1999, the Science & Technology Program has granted more than $9.5 million to 33 local nonprofits to support 937 young people from backgrounds underrepresented in STEM.
About San Diego Foundation
San Diego Foundation inspires enduring philanthropy and enables community solutions to improve the quality of life in our region. Our strategic priorities include advancing racial and social justice, fostering equity of opportunity, building resilient communities, and delivering world-class philanthropy to realize our vision of just, equitable and resilient communities. The Workforce Development Initiative champions building a resilient region that supports the prosperity of employees, businesses and local communities. For more than 47 years, SDF and its donors have granted more than $1.4 billion to support nonprofit organizations strengthening our community. Learn more at SDFoundation.org.
Lorena Nava Ruggero, San Diego Foundation, firstname.lastname@example.org, 619-814-1365