In the third year of the PHL: Most Diverse Tech Hub (MDTH) initiative, the City of Philadelphia’s Department of Commerce is investing in six organizations working to diversify Philly’s tech pipeline.
The first round came in late 2020, amid national calls for increased racial equity. The tech sector was identified as one that needed special attention. That year, the City invested $500,000 into four organizations: Coded by Kids, Campus Philly, Venture for America and Technically Media, Technical.ly’s parent company. In spring 2022, the City doubled down, investing in the same four organizations, though it didn’t specify exactly how much funding was dispersed.
Now, the City will be deploying $750,000 to six organizations to further the initiative’s goals.
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