Multinational technology conglomerate Cisco has announced commitments totaling $225 million in support of global coronavirus response efforts.
The commitment includes $8 million in cash and $210 million in product donations, with a focus on health care, education, and government responses. A portion of the cash allocation will go to the COVID-19 Solidarity Response Fund, which was launched by the United Nations Foundation and Swiss Philanthropy Foundation to fund the World Health Organization’s efforts to prevent, detect, and manage the spread of COVID-19.
Cisco CEO, Chuck Robbins said, “Many people in our communities were already struggling before this tragic pandemic. People who were already vulnerable are facing even more risks to their health, stability, housing, and well-being. Nonprofits are struggling to serve their populations as the number of volunteers declines due to social distancing practices and donations are at-risk due to financial concerns.”
Through its Country Digital Acceleration (CDA) program, the company also will provide funding to heads of state, government agencies, and businesses to help them deploy COVID-19-related technology solutions, as well as access, through its free Webex and Security offerings, to critical technologies for those on the front lines of the pandemic.
In addition, the Cisco Foundation will provide $5 million in grants and matching funds to encourage its seventy-seven thousand employees to support frontline organizations working to address the public health emergency, including up to $4 million in employee matching donations to funds it has established in support of NGOs working around the world as well as in the Bay Area.