Accelerated Tech Training for the next Generation of Tech Leaders in the Black Community.
Just 3 percent of technology executives in the C-suite are Black according to a McKinsey analysis of Fortune 500 executives.
Black Americans must be prepared to compete in the Innovation Economy in the United States and Globally.
The world is experiencing a tech talent crisis. There were 920,000 unfilled information technology (IT) positions in the U.S. alone, and fewer than 50,000 computer science graduates to fill over 500,000 roles in 2020…..
Black people comprise 12 percent of the US workforce but only 8 percent of employees in tech jobs. That percentage is even smaller further up the corporate ladder; just 3 percent of technology executives in the C-suite are Black….
Black households stand to lose out on more than a cumulative $350 billion in tech job wages by 2030, an amount equal to one-tenth the total wealth held by those households, according to a McKinsey Institute for Black Economic Mobility analysis….
The U.S. Black population is also growing. In 2019, 46.8 million people in the U.S. identified their race as Black. A quarter (25%) of those in the U.S. Black population are members of Generation Z – born between 1997 and 2012 and ages 7 to 22 in 2019. A further one in ten were under the age of 7 that year. Together, 35% of the U.S. Black population is age 22 or younger. Another 23% are Millennials, meaning that over half (59%) of the nation’s Black population were Millennials or more youthful (under age 38) in 2019.
The AETT partnership with Indianapolis-based TechPoint is a model for the country.
InnoPower and TechPoint are partners in the Mission 41K movement. Mission 41K is a collaborative effort to address tech employers’ challenges in finding, hiring, and retaining qualified talent. The goal is to add 41,000 new tech workers to Indiana by 2030.
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Black Hoosiers can now begin exposure to Tech with the:
Tech jobs offer high salaries, stability, and vital advancement pathways. Despite recent efforts to increase diversity throughout the industry, tech in Indiana and the U.S. remains predominantly white and male. For example, research shows Black men and women comprise just seven percent of the Indiana tech workforce while making up 10 percent of the overall Indiana workforce. Only 5 percent of the software developers in Central Indiana are Black.
Indiana’s tech workforce has grown by 16.3 percent over the past decade, a 60 percent faster growth rate than seen across other sectors. More than 184,000 Hoosiers now work in tech and tech-enabled roles, filling one out of every ten jobs in Indiana. For every 10,000 new tech workers added to the Indiana workforce, $698 million in new annual wages are generated, and $56.9 million in state and local tax revenues are gained, per TechPoint’s 2023 Workforce Report.
78% of apprentices in this partner program are rated high-performers by managers.
All apprentices complete an 8 to 12-week boot camp customized to your employment needs, ensuring they are ready to make an immediate impact.
Leverage performance and leadership coaches to develop future leaders.
