$150,000 fund to support digital capacity, education; applications open Monday for nonprofits, libraries
Amazon, the global e-commerce and IT giant, is expanding its Amazon Korea Community Fund — a community support initiative it launched in Incheon — to Ulsan, creating a foundation for local students and residents to take part directly in addressing community challenges.
Ulsan said Monday it had secured the Amazon Korea Community Fund to support projects for local schools, nonprofits and community organizations across five areas: education, science and technology, digital capacity, environmental sustainability and community welfare.
The fund marks the third milestone in Amazon's growing footprint in Ulsan, following the announcement last year of an AI data center development by Amazon Web Services and SK Group, and a March cooperation agreement among Ulsan, AWS and three other institutions to cultivate AI talent.
Grants will be offered in two categories: Open Grants, which fund projects conceived directly by local organizations, and Proven Idea Grants, which help communities adopt initiatives already shown to work elsewhere.
Last year, Amazon provided $100,000 to support 23 projects in Incheon, benefiting more than 15,500 participants.
This year's fund totals $150,000. Applications open Monday and run through Jan. 18, with recipients to be announced March 2. Nonprofits, schools and libraries are eligible to apply. Details are available on the ChangeX platform at https://bit.ly/4AeVylD.
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