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The FEDI StoryThe Foundation for Educational Development, Inc. (FEDI), a 501(c), was founded in 1993 to promote engineering, science, and technology to minorities and women through professional and career development, educational programs, awards programs, and career placement opportunities. In addition to creating
opportunities for a more diverse cross section of Americans in
engineering, science, healthcare and information technology, addressing
the gap in Internet usage and computer ownership between the U.S.
mainstream and the many minority and cultural groups that are Hispanic
is a moral imperative of FEDI. These demographic changes have made Hispanics a major consumer group. Consumer buying-power among minorities has nearly doubled over the past decade. Hispanic spending alone, for example, is expected to reach $454 billion this year. Addressing the inequalities in technology usage and ownership provides fertile ground for companies in the Digital Economy. For industry, an even more compelling reason to address technology and the minority communities is the changing face of the employment pool. Minorities are now more than 11 percent of the total work force. Yet, they make up less than 4 percent of the technical work force. As companies tap into previously ignored segments of the work force, issues like work force preparedness will become even more important. FEDI sponsored programs
address these important moral and business imperatives. |