Community service

SVB Hosts 12th Annual Tech Gives Back Community Service Week

SANTA CLARA, California October 3, 2022 – SVB, the innovation economy finance partner and parent company of Silicon Valley Bank, today announced the start of the 12e The annual Tech Gives Back event will take place October 1-7, 2022. Tech Gives Back is an international service event that brings together SVB employees, customers and partners in the technology, life sciences, healthcare, venture capital and private equity to contribute positively to their communities.

This year, Tech Gives Back is offering a hybrid of virtual and in-person volunteer and fundraising opportunities to benefit more than 30 nonprofit organizations around the world focused on supporting diversity, equity and inclusion, access to the innovation economy and environmental sustainability. SVB plans to donate $500,000 to participating causes and has over 1,000 volunteers registered to participate.

“As a leader in the innovation economy and an active member of our communities, we have a responsibility to harness the talent and resources of our network to give back,” said Greg Becker, President and CEO the management of SVB. “We are proud to host our 12th annual Tech Gives Back event to support organizations working for a better world.”

Tech Gives Back was founded by non-profit organization Tech Underwriting the Greater Good (TUGG) in Boston 11 years ago, and SVB has since expanded the event to reach organizations and individuals across the United States, in Canada, Germany, the United Kingdom and Israel. The event aims to be a catalyst for good in the innovation economy and makes it easy, accessible and enjoyable for SVB employees and customers to engage with organizations addressing issues of importance.

Volunteers participating in Tech Gives Back 2022 will engage in a variety of virtual and in-person volunteering activities, including:

  • Diversity, Equity and Inclusion: Business development consulting and interview coaching to support diverse entrepreneurs and emerging talent through Black Connect, Inc. (New York) and Girl Develop It.
  • Access to the innovation economy: Networking and career education for students through the Network for Teaching Entrepreneurship (Los Angeles) and The Switch UK.
  • Environmental sustainability: Restoring parks and planting trees in various community spaces through the Austin Parks Foundation, Emerald Necklace Conservancy (Boston), San Jose Parks and Recreation and One Tree Planted (Los Angeles and India).
  • Personal services: Assembling kits of essential supplies for homeless people through the Aris Foundation Inc. (Tempe), Downtown Women’s Center (Los Angeles), and Homeless Prenatal Program (San Francisco).

SVB also encourages donations to participating nonprofit organizations and matches personal donations from its employees dollar-for-dollar. The full list of service projects and nonprofit partners can be viewed at events.svb.com/svbtechgivesback2022.

Tech Gives Back 2022 is supported by Raisedby.US, a non-profit organization that helps businesses maximize their social impact. For more details and to get involved in Tech Gives Back, visit the website and follow the conversation on social media by searching #TechGivesBack.

To learn more about SVB’s work to contribute to a more just and sustainable world, visit svb.com/about-us/living-our-values.

Contact
Lucy Muscarella, Corporate Communications
[email protected]

About SVB SVB is the financial partner of the innovation economy, helping the world’s most innovative individuals, investors and companies achieve their ambitious goals. SVB’s businesses – Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities – together provide the services that dynamic, fast-growing clients need as they grow, including commercial banking, venture investing, wealth planning and investment banking. Based in Santa Clara, California, SVB operates in innovation centers around the world. Learn more at svb.com/global. [SIVB-C]

SVB Financial Group (SVB) (Nasdaq: SIVB) is the holding company for all business units and groups. © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron are trademarks of SVB Financial Group, used under licence. Silicon Valley Bank is a member of the FDIC and the Federal Reserve. Silicon Valley Bank is the California banking arm of SVB Financial Group.

About RaisedBy.Us
RaisedBy.Us is a non-profit organization dedicated to amplifying the social impact of next-generation employers. Through partnerships with high-growth companies, we unleash the collective power of the workplace to do good. Our programs educate and empower 20,000 employees on four continents to take action and support the causes they care about, and help companies take social responsibility and have a measurable impact. We help put the good to work.