HBCU$™, an alumni giving and wealth building network created to help offset decades of disparities in public funding for Historically Black Colleges & Universities (HBCUs) by supporting the entrepreneurs they produce, is officially launching on May 1, 2025.
Tennessee State University graduate Dorsey West created HBCU$™ after learning of a 2023 analysis by the U.S. Department of Education and the U.S. Department of Agriculture that found between 1987 and 2020, HBCU land-grant institutions received approximately $12.6 billion less in state funding than other land-grant institutions, and his alma mater had been underfunded by $2.1 billion during this period.
HBCU$™ promotes HBCU alumni & student owned businesses through their free online marketing platform and business owners donate a portion of any additional revenue generated back to the college of their choice.
“With unprecedented budget cuts happening at the national and state levels, HBCUs are going to need increased financial support from the private sector, as well as their alumni. I created HBCU$™ to maximize contributions from both sources,” explains West.
“Consistently patronizing companies that contribute money back to Historically Black Colleges & Universities creates a self-sustaining cycle that can help close the funding gap for these institutions and provide long-term economic growth for businesses within the HBCU$™ network,” West continues. “So, it’s a win-win for the HBCUs and their entrepreneurs.”
Consumers can join the HBCU$ email list now at https://hbcus.biz to receive exclusive offers and early access to their membership site. HBCU alumni & student business owners can request to have their products and services promoted at no cost including video podcast interviews, member profiles and an online directory of participating companies by sending an email to [email protected].
About HBCU$™
HBCU$™ is an alumni giving and wealth building network created by Tennessee State University graduate Dorsey West, to provide consistent financial support to Historically Black Colleges & Universities and the entrepreneurs they produce. HBCU$™ promotes HBCU alumni & student owned businesses through their free online marketing platform, and these entrepreneurs donate a portion of any additional revenue generated back to the college of their choice.