6 Million USD: Google’s Investment In Summer Of Code 2011April 27, 2011 6:24 am
We spotted this statistic today:
“The Summer of Code is an effort to bring students into the open source world, matching them up with mentoring open source organizations. The students work on a project with the open source group, helping both the project as well as themselves.
Google chips in $5,550 per student, with $5,000 going to the student and $500 going to the mentoring organization. For 2011, Google has announced that 1,116 students that will be participating in the program, helping out 175 mentoring organizations.
So, doing the math, in terms of dollars, Google’s Summer of Code 2011 effort will inject $6.14 million ($5,500×1,116 = $6,138,000) in the open source ecosystem.”
Statistics Source: Internet News