PROPEL has announced the establishment of the PROPEL HBCU Cybersecurity Consortium (HCC), in partnership with Southern Company, Led by Dr Lisa Herring, the former superintendent of Atlanta Public Schools, PROPEL is a first-of-its-kind innovation hub for Historically Black Colleges and Universities (HBCUs). Strengthening Industry-Academia Collaboration PROPEL’s new HCC incorporates four key elements: a resource hub, professional development programs, accelerated learning opportunities, and a workforce pipeline. By providing HBCU students and faculty with access to the latest industry trends, technologies, and real-world projects, the consortium aims to create an educational environment that
Leading software company Sage has contributed $100,000 to Morehouse College, supporting a new course for the next generation of Black tech entrepreneurs. Cultivating Future Leaders through Micropreneurship Morehouse College, the nation’s only historically Black liberal arts institution for men, and Sage have joined together to address the underrepresentation of Black professionals in technology. With only 8% of tech workers and 3% of executives being Black, this new course will commence in Fall 2024 to help change the statistics. The 15-week Micropreneurship course, funded by a $100,000 donation from Sage, is designed to immerse students in
MyFiLi is a new AI-powered edtech platform designed to transform how families, schools, and nonprofits engage with financial literacy. The Urgent Need for Financial Literacy Currently, consumer credit card debt in the U.S. has hit an all-time high of $1.79 trillion, and savings account balances average just $4,521. MyFiLi.com addresses this gap by providing tools and knowledge that help users navigate the complex nature of financial management. According to BlackNews, Founder and CEO Joseph Green‘s mission is to empower everyone to develop a healthy relationship with money. “By making financial literacy education accessible,
Primary Venture Partners has partnered with over 25 leading New York-based venture firms and startups to introduce the Factor Fellowship. This program will tackle the diversity, equity and inclusion (DEI) challenges head-on by connecting the city’s VC-backed startups with top talent from underrepresented groups. Addressing Diversity in Venture Capital and Startups The data on diversity within the venture capital and startup landscape shows that only about 13% of venture capital decision-makers are women. Funding for Black founders also declined in 2023, failing to reach the $1 billion mark for the first time since 2016.
Campus, an community college startup that connects students with top-tier professors from universities such as UCLA, Princeton, and NYU, has raised a $23 million Series A extension round. The community college startup In American higher education, community colleges serve as gateways for students aiming to transfer to four-year universities. However, only 16% of these students achieve a bachelor’s degree within six years. Campus operates on a model that rethinks the approach to college education. It is reportedly the first fully accredited, nationally focused community college built on a network of adjunct professors
American Student Assistance® (ASA), a nonprofit dedicated to transforming how students explore careers and prepare for the future, has announced a significant investment of $25 million. The nonprofit targets funds and companies with diverse founders and early-stage firms focusing on career education, postsecondary pathways, and workforce development. The move aims to expand access to essential skills and resources, helping middle and high school students navigate their career paths and achieve long-term success. A $25M Investment ASA’s investment strategy began in April 2022, and since then, it has directed over $40
Tuskegee University recently announced a $20 million donation to enhance its STEM (Science, Technology, Engineering, and Mathematics) programs and various campus facilities. This gift, bestowed by an anonymous benefactor, marks the second $20 million gift in less than four years. Fostering a Dynamic Campus Community The donation’s generosity will facilitate the creation of faculty leadership positions and scholarships, helping to enhance the academic environment. It will also improve student affairs and campus security staffing, contributing to a safer and more engaging student experience. “This gift will allow us to invest in
Lafarge Africa Plc has recently launched the Girls in Tech Program to foster a new generation of female innovators. The program seeks to diminish the gender disparities within the tech industry by focusing on empowering young women from host communities in Cross River State, Nigeria. Bridging the Gender Gap in Tech The Girls in Tech Program is designed to provide vital skills and opportunities to ten young women aged 18-25. By introducing them to the technology world, Lafarge Africa aims to create an environment where these women can become self-reliant and influential problem-solvers within
NBA star Chris Paul has teamed up with Goalsetter, a Black women-owned fintech company founded by Tanya Van Court, promoting financial literacy among middle school students in Oakland, California. Addressing the Financial Literacy Gap Goalsetter’s recent study with Ivy League students revealed a gap in financial knowledge, with many failing to answer basic financial literacy questions correctly. “Empowering our youth with the knowledge and tools to secure a financially sound future is not just a commitment, it’s a necessity,” Paul said in a press release sent to AFROTECH. “We owe
At 14 years old, Naya Ellis of New Orleans has turned her passion for science into a potentially life-saving invention: a stroke-detecting watch called WingItt. Inspired by her personal family experiences and participation in STEM NOLA, Ellis’ invention has earned her the title of champion in the National STEM Challenge. Developing WingItt: A Life-Saving Technology Ellis’s journey began in the STEM NOLA program, which provides an eight-month-long science, technology, engineering, and mathematics fellowship to high-potential, low-income high school students of color. Initially interested in developing a seizure-detecting device, she shifted her
