Best Buy Fiscal Year 2022 ESG Report | 79 Best Buy commits $10M to grow opportunities for youth in L.A. We’re committing $10 million to build a new network of opportunities for youth in disinvested communities in Los Angeles County. The Community Impact Hub was created in collaboration with founding partners The Annenberg Foundation and the Greater LA Education Foundation, the philanthropic arm of the Los Angeles County Office of Education. This model will create up to 12 new Teen Tech Centers in the LA area by 2023. The initiative builds on a five-year plan we unveiled to address underrepresentation and technology inequities and provide more educational and career opportunities for youth by expanding our network of Teen Tech Centers nationwide. This expanded network of 12 centers will help prepare at least 3,000 LA-area youth per year for industry career opportunities within their communities, including roles in music and film. “A lack of opportunity and access prevents millions of young people — especially those from disinvested communities — from reaching their full potential,” Best Buy CEO Corie Barry said. “We’ve seen how one Teen Tech Center in a community can build brighter futures, and by partnering with local Los Angeles organizations, we’ll be able to help more youth pursue their dreams.” Best Buy Teen Tech Centers .
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