California Emerging Technology Fund

California Emerging Technology Fund engages in the provision of leadership for closing or minimizing the Digital Divide by accelerating the deployment and adoption of broadband and other advanced communications services to unserved and underserved communities and populations in California. The company also facilitates the deployment and adoption of broadband, which includes wireline and wireless technologies. Its strategy includes compiling of conclusions related to various practices from research and results of pilot projects and demonstration programs; identifying and investing in strategic opportunities to achieve highest impacts in eliminating the Digital Divide; make initial investments; holding of funded programs and projects accountable for performance and outcomes; measuring of progress quantitatively in terms of status of the Digital Divide statewide and for priority communities and populations; establishing and institutionalizing partnerships with civic leadership and community-based organizations; and leveraging the initial seed through partnerships and co-investments with private sector, government, and foundations. The company was founded in 2006 and is based in San Francisco, California.