Business - Page 14

Target and UNCF launch new Target Scholars Program for HBCU students

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Target is making higher education more affordable this fall for 1,000 African American students at more than a dozen HBCUs by providing scholarships of up to $5,000.  Target has been a longstanding donor and partner of United Negro College Fund (UNCF) for more than two decades. The new Target Scholars Program will provide scholarships to first-year students who are pursuing careers in the areas of technology, leadership or design. The program will also provide four years of academic support that includes mentoring students throughout their college careers as well as internship and networking opportunities.  “For more than 20 years, Target

Spelman College announces first cohort of students chosen for HBCU Scholars Program

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Financial firm Morgan Stanley recently announced it is partnering with HBCUs, offering $12 million to support a total of 60 full scholarships for students enrolled in Howard University, Spelman College and Morehouse College. Morgan Stanley and Spelman College announced the first cohort of students selected for the HBCU Scholars Program.  Five first-year students have been selected to receive four-year scholarships to Spelman. The scholarship is all-inclusive and will cover tuition, room and board in an effort to remove financial barriers to higher education. The goal of the program is to prepare students to be college-educated and financially independent. In addition

Urban League of Middle Tennessee to host virtual event with Marc Morial

The Urban League of Middle Tennessee (ULMT) announced a virtual event it will be hosting featuring Marc Morial, President & CEO, National Urban League.  President Clifton Harris and the ULMT Board of Directors will be a part of this virtual meet and greet on Friday, April 30. This event is a membership fundraiser, so donating to the event will guarantee membership for the year.  The mission of ULMT is to advocate for African Americans and other minorities and disenfranchised groups, helping them secure economic self-reliance.  To register for the event, go to www.ulmt.org/events.

Delaware State University partners with United Airlines

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Delaware State University (DSU) has partnered with United Airlines to offer aviation graduates streamlined job opportunities with the airline.  The partnership reflects United Airlines’ renewed commitment to diversity, equity and inclusion. As the only major airline in the U.S. to have an aviation school, United Airlines’ Aviate Academy plans to train 5,000 new pilots by 2030 with the intent that at least 50% of trainees will be women and/or minorities. “We have a tremendous opportunity to build our commitment to diversity, equity and inclusion in 2021 and beyond,” said Brett Hart, President of United Airlines. “Inspired by the Aviate motto

Apple’s $200 million fund aims to fight climate change and boost business

By Clare Duffy Apple has announced a $200 million investment fund designed to remove carbon emissions from the atmosphere and support sustainable forestry — and to generate financial returns for the company. Called the Restore Fund, the effort aims to remove 1 million metric tons of carbon dioxide from the atmosphere each year, equivalent to the fuel used by more than 200,000 passenger cars annually. The project could also act as an important model for other corporations by demonstrating the ability to profit from investments in the environment. “The idea of having a return is important for the planet,” Apple’s

‘Insecure’ star Issa Rae is helping PepsiCo’s LIFEWTR brand find the next Issa Rae

By Chauncey Alcorn “Insecure” star Jo-Issa Rae Diop, better known as Issa Rae, is a big believer in amplifying creative voices and paying her blessings forward. Less than a month after signing an eight-figure production deal with HBO’s parent company WarnerMedia, the 36-year-old actress and producer is partnering with PepsiCo’s bottled water brand LIFEWTR on its new “Life Unseen” campaign to find and give a platform to the next generation of diverse creatives. The initiative, which launched on Wednesday, includes a contest that will give five artists from the worlds of fashion, film, music and visual arts a chance to

Nex Cubed expands HBCU Founder’s Program with Franklin Templeton

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Nex Cubed, a leader in early-stage innovation and startup acceleration, has announced Franklin Templeton as the second Founding Partner for its Historically Black Colleges and Universities (HBCU) Founder’s Program. The global investment firm joins previously announced Founding Partner, AT&T. With nearly 60% of Nex Cubed’s portfolio of companies being led by female and minority founders, it is no secret that diversity and inclusion have been at the heart of its mission since inception. However, with the series of devastating racial injustice events last summer, Nex Cubed doubled down on its diversity and inclusion efforts by launching its HBCU Founder’s Program

Amazon, Google, GM, Starbucks and hundreds of companies join to oppose voting restrictions

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By Jordan Valinsky Hundreds of prominent executives from high-profile companies, including Amazon, Google, BlackRock and Starbucks, signed a statement that opposes discriminatory legislation that makes voting harder. The statement, printed Wednesday in an advertisement in the New York Times, was organized by Ken Chenault and Ken Frazier, two of America’s most prominent Black corporate leaders. The statement called democracy a “beautifully American ideal” and for it to work, “we must ensure the right to vote for all of us.” “We all should feel a responsibility to defend the right to vote and to oppose any discriminatory legislation on measures that

Morgan Stanley awards $12 million in scholarships for HBCU students

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Financial firm Morgan Stanley is teaming up with HBCUs to eliminate financial barriers to higher education for African American college students. The $12 million initiative will support a total of 60 full scholarships for students enrolled in Howard University, Spelman College and Morehouse College. The goal of the HBCU Scholars program is to prepare students to be financially independent, and those who are awarded the scholarship will have the entire cost of tuition and living expenses covered.  “Driving diversity beyond our four walls is part of our commitment at Morgan Stanley,” said Susan Reid, Managing Director and Global Head of

Keysight Technologies announces innovation challenge for HBCU engineering students

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Keysight Technologies, Inc. recently announced its new Keysight Innovation Challenge 2021. Undergraduate students studying engineering at HBCUs are able to partake in the challenge. They must either come up with an innovative business idea or create a video that demonstrates electronics measurement techniques.  “This is one of the many ways Keysight is inspiring a strong and sustainable pool of global leaders who will continue to push technology to new heights and bring positive change in the world with rich and diverse perspectives,” said Ee Huei Sin, senior vice president, Keysight Technologies and president of Keysight’s Electronic Industrial Solutions Group. “We

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