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Intel Pledges $125 Million For Start-Ups That Back Women, Minorities


Ron Burgundy
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The sign hanging outside the Intel booth is seen at the International Consumer Electronics show (CES) in Las VegasBy Sarah McBride SAN FRANCISCO (Reuters) - Following up on its earlier pledge to spend $300 million over the next five years to improve diversity, Intel Corp promised more on Tuesday, this time to back companies with women and minorities in leadership roles. Intel Capital, the chipmaker's venture capital arm, said it would allocate $125 million over the next few years to bring more management diversity to its start-up portfolio. Some of that sum will overlap with the previously announced $300 million, Intel said.




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