Kyndryl Foundation Expands Global Reach with Multi-Year Grants for Cybersecurity and AI Initiatives
New York, NY – March 4, 2025
The Kyndryl Foundation, the philanthropic arm of Kyndryl, has announced the second round of grant recipients for its global program aimed at deepening community impact through cybersecurity and Artificial Intelligence (AI) skills development, awareness, and job placement initiatives. Twelve nonprofit organizations from eleven countries have been selected to receive multi-year grants, which are expected to positively influence the lives of over 55,000 individuals over the next two years.
Impact on Individuals
The grantees represent a diverse range of organizations, including educational institutions, tech hubs, and community-based organizations. These grants will provide resources for initiatives such as:
- Cybersecurity training and certification programs for underrepresented communities
- AI skills development workshops for youth and adults
- Job placement services for individuals transitioning into cybersecurity and AI careers
- Awareness campaigns to educate communities about the importance of cybersecurity and AI
Impact on the World
The global reach of these grants underscores Kyndryl’s commitment to addressing the growing need for cybersecurity and AI expertise in an increasingly digital world. According to a report by Cybersecurity Ventures, the cybersecurity workforce shortage is projected to reach 3.5 million by 2021. Additionally, the World Economic Forum estimates that 133 million new jobs may be created in the next decade due to the advancement of AI.
By investing in these organizations, Kyndryl is helping to bridge the skills gap and ensure that individuals from all backgrounds have the opportunity to participate in the digital economy. This, in turn, will contribute to a more inclusive and equitable society.
Conclusion
The Kyndryl Foundation’s multi-year grants are a significant step forward in addressing the critical need for cybersecurity and AI skills development and job placement. The twelve grantees, representing eleven countries, will receive the resources they need to make a meaningful impact on the lives of over 55,000 individuals. This investment not only benefits the individuals receiving the training but also contributes to a more inclusive and equitable society, as well as a stronger global workforce.
As technology continues to evolve and shape our world, it is essential that we prioritize the education and development of the next generation of cybersecurity and AI professionals. The Kyndryl Foundation’s initiatives are a positive step in this direction, and we look forward to seeing the impact they will have on individuals and communities around the world.
By investing in these organizations, Kyndryl is not only making a difference in the lives of thousands of individuals but also contributing to a more secure and technologically advanced future for all.
