The money will be invested in the Irish ChangeX platform, which links people to work on social impact initiatives and which has already supported projects like Men's Sheds or parkrun. The investment, the company said, will only be channelled to projects related to the fight against COVID-19.
"Web Summit was born in Ireland. We employ 210 people in our Dublin headquarters. We consider ourselves extremely lucky – lucky to work alongside some incredible people and to have enjoyed some success along the way. We’re now in a position to do what’s right in this time of crisis. As people worry about paying rent or whether there will be hospital beds for their loved ones should they fall ill, we believe it’s incumbent on those who can contribute to stand up." explains the company.
The Web Summit gives some examples of projects that have taken the front line to help such as the Feed the Heroes campaign, which has raised over 250,000 euros to help feed health professionals or company staff, who have donated 10,000 euros.
Read the original article here.