Tuesday, July 26, 2011

This is Smart, very smart!

IBM Awards $1 Million in 'Smarter Planet' Grants

IBM has announced grants totaling nearly $1 million to eleven nonprofit and educational organizations working on projects in areas such as health care, energy, and food safety.

Through the Centennial Grants program commemorating the company's hundredth anniversary, each grantee will receive up to $100,000 in monetary and in-kind support. Centennial Grant recipients include ATN Telecentre Information and Business Association in Brazil, which will support nonprofits in Latin America by expanding access to technology; El Agora in Argentina, which aims to facilitate the exchange of quality-of-life indicators across several cities to promote specific urban improvements; the Foundation for the Training and Protection of Mentally Handicapped Children, a Turkish organization that seeks to collect data on the country's disabled population in order to ensure they receive adequate public services; the Indian Institute of Technology, which will work to develop a low-cost sensor system that monitors rainfall in order to mitigate the effects of urban flooding; and the Vermont State College System, which aims to reduce energy consumption at two statewide nonprofits through its Managing Energy — Sustaining Our Community initiative.

In addition, IBM's recently completed Celebration of Service Day saw more than 300,000 employees volunteering 2.6 million hours in support of five thousand projects, including many partnerships with centennial grantees.

"Nonprofit and education organizations are the lifeblood of local communities, and we want to help them by offering support to build a smarter planet," said Stanley S. Litow, vice president of corporate citizenship and corporate affairs at IBM. "In conjunction with our employees making their skills available through massive volunteer efforts, IBM's Centennial Grants will help non profits and educational organizations meet their key goals."

“IBM Awards Grants to Help Build a Smarter Planet.” IBM Press Release 7/20/11.

Primary Subject: International Affairs/Development
Secondary Subject(s): Community Improvement/Development
Location(s): International, National

FC016606

No comments:

Non-Market Failure Justifications for Government Intervention

                                                                               Non-Market Failure Justifications for Government Inter...