John Hope Bryant, CEO of Bryant Ventures and Operation HOPE, has donated $1.8 million to support the entrepreneurial ambitions of 70 Albany State University (ASU) graduates. Each recipient will receive $25,000 and extensive business resources to launch their ventures. $1.8M Grant to Boost Black Entrepreneurship The selected graduates will receive financial backing and also a “special forces team” offering tools like free domain names, Shopify accounts, and access to legal and financial experts. ““They get a free domain name that they own, a free website that they own, a free
Operation HOPE and Georgia State University’s J. Mack Robinson College of Business has announced the launch of the AI Literacy Pipeline to Prosperity Project (AILP3). This initiative aims to equip underserved populations across Georgia with the tools needed to succeed in an economy increasingly shaped by artificial intelligence (AI). The announcement was made during the 10th Annual Hope Global Forums on December 11, 2024, an event dedicated to financial empowerment and creating pathways to economic mobility. A Comprehensive Plan to Equip Students for an AI Economy AILP3 will deliver a
Operation HOPE and OpenAI CEO Sam Altman have launched an AI Ethics Council to help ensure marginalized poplations and people of color are included in the AI developments. The announcement comes amid criticisms of OpenAI, Meta, and other major players in the AI space lacking diversity on their boards and decision-making bodies. A Historic Partnership According to a press release, OpenAI’s partnership with Operation HOPE, a leading nonprofit dedcated to financial literacy for underserved communities, began with a listening tour at Clark Atlanta University in spring 2024. During this tour,
Pinky Cole Hayes, renowned for her ventures Slutty Vegan and Bar Vegan, has gifted the 2024 graduating class of Savannah State University a $8.75 million “Entrepreneurial Starter Pack.” The initiative is designed to equip graduates with the essential tools and resources for their entrepreneurial journeys. The gift, which is a collaboration with Operation HOPE and One Million Black Businesses (1MBB), includes a range of resources to nurture and scale Black-owned businesses. During her speech to the graduates, Cole Hayes, a 2023 TIME 100 Next honoree, outlined the components of the entrepreneurial package. Comprehensive Support For Aspiring Business
Operation HOPE And Small Business Adminstration Renews Partnership To Empower Minority Entrepreneurs
Operation HOPE, a national nonprofit focused on entrepreneurship and financial literacy, has renewed its Strategic Alliance Memorandum (SAM) with the US Small Business Administration (SBA). The collaboration aims to uplift small businesses nationwide, with an emphasis on minority-owned enterprises. Expanding Access to Essential Resources During a recent visit to Operation HOPE’s headquarters, SBA Administrator Isabel Casillas Guzman and other officials met with the leadership of Operation HOPE. They discussed strategies to extend resources to entrepreneurs, particularly those in underserved communities. Under the renewed agreement, both organizations will enhance access to
Operation HOPE has announced an extension to their 1 Million Black Business Initiative, “1MBB Next Gen” program. Operation HOPE aims to make free enterprise and capitalism work for the underserved, as they have served more than four million individuals. They have also directed more than $4 billion in economic activity into disenfranchised communities. Operation HOPE announced its program at this year’s Clinton Global Initiative’s (CGI’s) Annual Meeting. The Clinton Global Initative was founded in 2005 by President Bill Clinton and brought together established and emerging global leaders. It implements solutions
Sam Altman, co-founder and CEO of OpenAI, recently visited Lagos, Nigeria, as part of his global tour to promote AI adoption and understand diverse perspectives. However, concerns have been raised about the exploitation of Kenyan content moderators and the impact of OpenAI’s technology on marginalized communities. Nigeria: Africa’s biggest OpenAI adopter Over the weekend, Altman took part in a two-day exclusive event at Muson Centre, Lagos, Nigeria. “Nigeria, among all of the countries on the continent, I believe has been the biggest adopter of our technologies,” Technext reports Altman told
