Netflix co-CEO Reed Hastings and his wife, Patty Quillin, an independent film producer, are personally donating $10 million to Tougaloo College, a historically Black college and university in Mississippi, and the school’s partnership with Brown University. The gift will fund much-needed financial aid for Tougaloo students working toward careers in medicine, public health, the sciences, education, business, and other fields and aspiring to make a positive impact on their communities after graduation. Of the total, $5 million will fund scholarships at Tougaloo, in Jackson, Miss., and $5 million will establish the Brown-Tougaloo Partnership
Apple has just announced its supports for the Propel Center, A Global HBCU Leadership Hub, With $2M In Research Grants. Through the company’s Racial Equity and Justice Initiative, support from Apple will give HBCUs tools and resources to pursue new research and learning opportunities. Propel, and Apple are working together to help develop curricula and provide ongoing mentorship, learning experiences, and internship opportunities. Imagined in January 2021 by Ed Farm—an ed-tech nonprofit committed to transforming classrooms to uplift communities— and supported by founding partners Apple and Southern Company, the Propel Center
Administrators at historically Black colleges are patiently awaiting passage of President Joe Biden’s Build Back Better agenda, with hopes that the bill’s record funding for HBCUs and their science and tech students on a path to further success. They believe the proposed funding level in the Build Back Better bill would make their school more competitive and improve job prospects for students. The package – if passed – would provide $3 billion for science, technology, engineering, and mathematics, or STEM, programs at minority-serving institutions. It comes at a time where dozens of companies
US tech giant Adobe has donated $3million to historically Black colleges and universities and a Hispanic serving institution to help minority students get into tech. Bowie State University, Winston-Salem State University, and a school catering to Hispanic students will receive $1 million donations under Adobe’s new Anchor School Program. The program aims to “provide students with training, career readiness programs, internships, financial assistance, and digital tools.” Adobe’s chief talent, diversity, and inclusion officer, Brian Miller, told Fortune that it’s a “deep, focused partnership” that “really” allows the company to expose
About the author: Austin Jeter is a senior at Morehouse College who aspires to work within Product after he graduates in May. Ultimately, Austin’s chief ambition is to be a venture capitalist. Feel free to contact Austin at Austinlb.jeter@gmail.com regarding opportunities, questions, comments, etc When you think of the technology industry, the first place that comes to mind is Silicon Valley. Your mind might also drift to the t-shirt wearing, free food, and “nap pod” centric work culture. Others may think of the Stanford and Harvard grads forming startups trying to
A key component of our thesis at HBCUvc is how university-affiliated networks influence venture capital ecosystems. According to Richard Kerby’s “Where Did You Go to School?” — forty percent of venture capitalists attended Stanford or Harvard. Stanford and Harvard are also ranked as the top two universities for producing the most funded startup CEOs. I wanted to know which HBCUs are already producing talent in the venture capital ecosystem. I compiled a list of 59 HBCU grads who are working in venture capital or have worked in the industry in the past five years.
