Facebook to issue $10m for community leaders
Facebook said Friday that it will issue up to $10 million (8.2 million euros) in grants to help support and train community leaders around the world.
The tech giant unveiled its new initiative at a London summit of more than 300 community leaders from across Europe.
The Facebook Commu-nity Leadership Programme will offer residency, fellowship and training opportunities, as well as community leadership circles and specialised assistance on the social networking platform.
"Facebook will commit tens of millions of dollars to the programme, including up to $10 million in grants that will go directly to people creating and leading communities," it said in a statement.
While the social network is a platform for virtual communities to gather, it is also a vehicle for advertisers to reach its more than 2 billion active users. Facebook last week said it booked nearly $13 billion in sales in the last three months of last year.
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