On Wednesday, the US National Telecommunications and Information Administration (NTIA) announced it would launch a $20 million initiative to provide small businesses and entrepreneurs with an unprecedented opportunity to learn the latest Big Data technologies.
The NTIA is inviting small businesses to participate in the pilot program, which will provide them with up to $20,000 in funds to help them prepare for the new technologies, which include cloud computing and AI.
The agency hopes that small businesses will use the program to increase their competitiveness in the IT industry, as well as to help develop the next generation of big data technologies that will enable faster, more reliable, and affordable data access.
In a statement, NTIA said that the $20M pilot program will provide small business and technology owners with access to the latest innovations in Big Data analytics, Big Data engineering, Big Business intelligence, Big data analytics, and Big Data data visualization.
The initiative will be led by the US Small Business Administration (SBA) and the U.S. Chamber of Commerce, and it will provide a pilot program to small businesses that provide data to the NTIA in 2017.
The pilot program is being funded through the National Innovation and Technology Infrastructure Program, or NITIP, and is administered by the Office of Small and Disadvantaged Business (OSDOB), the agency said in a statement.
It said that through the pilot, small businesses can gain access to some of the most advanced data analytics capabilities in the nation, including advanced machine learning and predictive analytics, cloud computing, analytics and visualization tools, advanced analytics services, and data visualization and visualization.
It also said that small business owners will have access to access to more advanced technologies and analytics, including the capabilities to utilize AI and robotics to help drive customer insights, automate, and reduce waste.
In addition to the pilot effort, the NTAA will also provide an online resource for businesses to learn how to use the latest technologies.
It is the first time that a US government agency has established a pilot effort aimed at small businesses in the field of Big Data, the statement said.
According to the Office for Civil Rights (OCR), the US has a long history of discrimination against women and minorities in the fields of technology and entrepreneurship.
In 2016, the agency found that 21.9% of STEM-related job applicants had experienced sexual harassment in the past year, and a majority of those reported that they had experienced gender-based harassment, including from co-workers.
In response, the OCR launched the #MeToo initiative in November 2017, which aims to make it easier for people to report harassment and discrimination.
The program aims to educate the public about the importance of reporting sexual harassment, and the importance to the victims and their families of taking legal action against the harasser, according to the agency.