Oracle is opening a charter school, in what seems to be emerging as a Silicon Valley trend of late 2015.
During Oracle OpenWorld, CEO Safra Catz confirmed that the company will open d.tech on its Redwood City campus. Set to be completed in the fall of 2017, it is described as a “64,000-square-foot, state-of-the-art, LEED-certified school” enrolling 550 students in the ninth and tenth grades upon opening. In addition to donating the land, Oracle will pay to build the facility.
Previously both Mark Zuckerberg of Facebook and Sal Khan of Khan Academy had opened schools. The play here is a bit different in focus though — the school is meant to serve low income families and takes the long-standing recommendation that schools become hubs for other social services to heart:
Called The Primary School, the campus is expected to open in August 2016 in close to the Facebook (NASDAQ: FB) campus in Menlo Park. The school is recruiting families from the nearby low-income communities of East Palo Alto and Menlo Park’s Belle Haven and will offer health care along with instruction.