JOHANNESBURG: Dell Enterprise Solutions Group, the American information technology company, announced that it has launched the Dell Academy as part of the Broad-Based Black Economic Empowerment (B-BBEE) Equity Equivalent program with the department of trade and industry.
The launch of the multi-million rand Dell Equity Equivalent brings the total investment amount to date, of all the approved Equity Equivalent Investment Program (EEIP), to just over R1 billion. The program would see an establishment of an Information and Communication Technology academy, along with the Centre of High Performance Computing (CHPC). Dell MD Stewart van Graan said the academy would have 20 students a year, who would be exposed to the ITC industry.
The Equity Equivalent is a program that government created to enable multinationals that are willing to participate and contribute positively towards BEE but are precluded from selling equity stakes by their ownership model or intellectual property consideration. The academy is set to launch on 1 May 2015.
