Santander invests $35 million to bridge digital divide
Santander Consumer USA has announced a $35 million investment in Comp-U-Dopt in support of efforts to bridge the digital divide in U.S. cities.
With the goal of providing greater financial empowerment and overall well-being to communities that face challenges obtaining digital connectivity, Comp-U-Dopt will provide free high-speed internet connectivity, computers, training, and support to eligible low-income residents who enroll in a lottery. The program will begin with a $7 million investment in Dallas and expand over two years.
“Today it is difficult, if not impossible, to find a job, complete schoolwork, and connect with vital services without a computer or reliable internet,” said Santander Consumer USA CEO Mahesh Aditya. “Our program with Comp-U-Dopt looks to level the playing field, providing families and students with critical computer and digital resources to help them prosper and thrive. The digital divide is a solvable problem, and it is critical that we continue to invest in initiatives that provide students and families the tools they need to access additional resources.”
(Photo credit: Getty Images/Fat Camera)
