$100,000,000 for Tech Equity in Miami

2024 COLLECTIVE IMPACT REPORT

The power of cross sector collaboration: $63M Deployed since 2022 to Empower 257,898 Individuals Through Funded Projects!

Tech Equity Miami bridges the gap between funders and programs to build a thriving, inclusive tech ecosystem in Miami. We connect consortium funders with carefully vetted initiatives, ensuring their investments drive economic opportunity and empower underserved communities through technology. Our "align and amplify" model provides funders with expert guidance, measurable impact data, and opportunities for collaboration, maximizing the reach and effectiveness of their contributions. Together, we fuel innovation and growth, improving quality of life for individuals, families, and businesses across Miami.

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$70.4M
Commited
70% to goal
$70.4M
Commited
$100M
Goal
280K
Individuals Reached
40%
Projects Funded
35
Designated Projects
$63.3M
Deployed
257,898
Individuals reached through funding
Funding by pillar
57%
14%
7%
21%
Funding by pillar
TALENT
DIGITAL TRANSFORMATION
PIPELINE `
ACCESS
68%
BIPOC served*
18%
Women served*
100%
LMI served*
*of those that reported

"Tech Equity Miami has been a trusted partner as we strive to build a thriving and inclusive tech community in Miami. Through this collaboration, we have been connected to vetted, high-impact organizations doing groundbreaking work in the Miami tech ecosystem and have expanded our impact on small businesses and enhancing the tech talent pipeline."

Maria Escorcia
Executive Director,  Southeast Region Executive
JPMorgan Chase & Co.

Talent
Defined pathways helps people break into tech.
Digital Transformation
Tech accelerates business growth.
Pipeline
Exposure unlocks untapped potential in tech + STEM.
Access
Digital connectivity is the currency of access to tech opportunities.`
Talent

Strengthening Miami’s Workforce: 3,000+ New Hires Powered by Local Talent Programs!

GOAL
Defined pathways help people break into tech
OUTCOME
Increase defined pathways into tech-based careers and tech opportunities.
MEASUREMNT
• Number of education programs and/or social and financial supports provided to support access to tech opportunities.

• Number of beneficiaries hired into tech positions post-training.
Woodney Juste, Software Engineer

“I was unemployed at the start of 2023 and attempted to learn coding through self-study. I found it difficult to learn on my own, so I enrolled in Brainstation for a more structured approach. Shortly after graduating I landed a software role. Both the salary and the position itself have been life-changing for me. I can confidently say that this is the best working position I have ever had. On top of that, I have been able to provide financial support for my family.”

13,619
Individuals reached
54% COMPLETE
13,619
Individuals reached
25,000
Goal
5,672
Programs
3,162
Total hires
52% Locally
48% Elsewhere
Digital Transformation

Big Wins for Small Businesses: Programs supported by TEM resulted in a 40% Revenue Increase Through Tech Adoption

GOAL
Tech accelerates business growth
OUTCOME
Accelerate small business growth by improving their ability to participate in, and benefit from, the digital economy.
MEASUREMNT
• Amount and percentage increase in revenue.
• Number of technology products incorporated into businesses operations.
• Number and percentage increase of new clients and/or units sold.
Nerissa Street, Promt Camp Participant

“After participating in the Rebrand Cities Prompt Camp accelerator, I was able to streamline my grant writing workflow, and take the client proposal process down to hours instead of days…Their coaches had just the right amount of corporate guerrilla mindset to help me move my visionary firm forward.”

1,713
Individuals reached
170% COMPLETE
1,713
Individuals reached
1,000
Goal
179
Technology products given
40%
Revenue Increase
Pipeline

Shaping Tomorrow’s Innovators: 12,000 Students Introduced to Tech Pathways in School and Beyond!

GOAL
STEM exposure unlocks untapped potential.
OUTCOME
Increase exposure to high-quality STEM experiences for K-12 students.
MEASUREMNT
• Number and percentage K-12 students exposed to tech experiences (both in school and extracurricular classroom environments)

• Demographic and categorical distribution of STEM experiences provided.
Rachel Buchanan, Miami High School Student

“America on Tech has not only equipped me with essential skills,but empowered me to dream beyond my circumstances. My goal is to leverage what I’ve learned to pursue a career in cybersecurity.”

12,547
Students exposed to tech experiences
12% COMPLETE
12,547
Students exposed to tech experiences
100,000
Goal

62% of students exposed through school curriculum/classroom

38% of students exposed through extracurriculars

Technology products given
ENGAGE WITH TECHNOLOGY (SOFTWARE)
90%
ENGAGE WITH TECHNOLOGY (HARDWARE)
70%
COMPUTER SCIENCE OR ADVANCED STEM COURSES
60%
EXPLORATION OF COMPUTING CAREERS
60%
MENTORSHIP
10%
Access

Connecting Miami: 230,000 New Broadband Connections, Hitting 100% LMI Households

GOAL
Digital connectivity is the currency of access to tech opportunities.
OUTCOME
Remove threshold barriers to digital access for low-to-moderate income (LMI) individuals.
MEASUREMNT
• Number and percentage of LMI households served that did not previously have digital access.

• Number of computer devices provided for LMI households.
Shinika, program participant

“I am no longer concerned that we will have to give up our internet service due to its high cost. I have been able to apply for jobs and other opportunities as well as use the internet with my kids for their schoolwork and projects. I’m just happy to be a part of this program.”

230,000
Individuals served
230% COMPLETE
230,000
Individuals served
100,000
Goal
100%
LMI households served
20,000
Computer devices provided

Made possible with our partners

The impact achieved by our Tech Equity Miami designated projects and their respective funders is a testament to the power of collective impact, but community initiatives still face substantial challenges to realizing their full potential. First, as an evolving and growing ecosystem, the pool of funders is still very limited and the heads of social impact for large corporations not based in Miami. Second, we have many hyper local initiatives that have deep impact but difficulty gaining funding partially due to lack of visibility into their work. 63% of projects state the need for visibility and amplification support. Third, our ecosystem is still very fragmented, and 73% of projects indicated a desire to foster more strategic partnerships.

Together, these partnerships have laid the groundwork for a future where all Miami residents can thrive in a digital-first economy—and the work has only just begun. In the future, we will continue to

• Foster a business community invested in building this ecosystem,
• Increase the percentage of projects funded, and
• Increase the amount of TEM earmarked funding.

Get Involved

As a Funder

Let’s Exponentially Increase Your Community Impact Through Tech.

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As a Project

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As a Supporter

Let’s Exponentially Increase Your Community Impact Through Tech.

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