Intel launches $125Μ fund for diversity startups!
Intel recently launched an 125 million dollars fund called “Intel Capital Diversity Fund”, in order to invest at technology startups that are runned by women and underrepresented minorities.
The fund will be led by Lisa M. Lambert, managing director and vice president of Intel Capital. Mrs Lambert stated: “Intel is proud to take a leading role toward broader participation in technology entrepreneurship and employment. With this new fund, Intel Capital is committed to investing in the best talent from different backgrounds in order to cultivate innovations that serve the needs of a diverse public”.