Micron Technology Incorporated has announced plans to commit $35 million to help those disproportionately affected by COVID-19. The company will launch a new Micron Foundation $10 million relief fund, increase employee gift matching, and introduce financial assistance for team members through grants. Micron will also provide in-kind support by accelerating payments to small business suppliers, and donating facilities and supplies for emergency medical response.
“Micron is prioritising the health and safety of our team members and partners, and the well-being of the communities in which we operate,” said Micron President and Chief Executive Officer Sanjay Mehrotra. “As the scale of the COVID-19 pandemic becomes more apparent, we are immediately accelerating our efforts to provide funding, resources and support to those most impacted by this health crisis.”
The new $10 million Micron Foundation COVID-19 Relief Fund will go toward global initiatives focused on economic recovery, addressing both current and future community needs. Funding will help support a range of charities and initiatives, from food banks and school meal programs to health facilities and online learning resources for students.
In addition, Micron has implemented a 2-to-1 company match for all designated COVID-19 donations to our Micron Gives charitable program to double the impact of these contributions. As part of its plans to offer greater community resources, Micron will provide up to 300,000 protective masks to local health officials and make Micron facilities available as additional capacity for overflow patients if hospitals become overwhelmed.
“With so much uncertainty about the effects of COVID-19 on public health, the economy and nearly every aspect of our daily lives, the roles of the Micron Foundation and our Micron Gives programs have never been more critical,” said Micron Foundation Executive Director Dee Mooney. “We have activated a global network of community partners to ensure our resources are applied quickly and effectively.”
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