Virginia Tech, Radford get millions from state to boost computer science grads as part of Amazon deal
As part of Virginia’s deal with Amazon, Virginia Tech, Radford University and nine other schools will get hundreds of millions of dollars from the state over the next decades to boost the number of computer science graduates.
Virginia Tech will gain nearly half a billion dollars by 2040 to produce a set number of 5,911 undergraduates and 10,324 graduate students with degrees in computer science and related fields.
Radford agrees to graduate 394 people with bachelor’s degrees in tech. The university said it would get about $17.3 million from the state.
Gov. Ralph Northam announced Thursday the state’s agreements with 11 universities for the Tech Talent Investment Program, which was part of Virginia’s efforts to woo Amazon to build its second headquarters in the Arlington area.
The state says the funds will help create a total of 31,000 graduates tech over the next 20 years, above its initial goal of 25,000 new graduates.
“Virginia’s tech sector will continue booming only if we can train the workforce those jobs require,” Northam said in a statement. “With today’s announcement, we are educating a workforce that will fill jobs at hundreds of tech companies around the Commonwealth, including at Amazon, helping boost our economy and quality of life in every corner of Virginia.”
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