The Center for Black Entrepreneurship Established at Morehouse and Spelman Colleges in Atlanta

The Black Economic Alliance Foundation, Morehouse College, Spelman College. and Bank of America announced plans to develop the Center for Black Entrepreneurship, the first-ever academic center to assemble, educate, and empower a new class of Black entrepreneurial talent.

Co-located on the Morehouse and Spelman campuses, the Center for Black Entrepreneurship is powered by $10 million in funding from Bank of America, which will support the development of an academic curriculum, faculty recruitment, co-curricular programming, and the development of new physical space.

“Morehouse’s priority is empowering leaders to impact society, including entrepreneurs of color who produce new business models, create new industries, and disrupt the status quo as innovators, inventors, and paradigm shifters,” said David A. Thomas, president of Morehouse College. “The Center for Black Entrepreneurship adds important capacity to support our work with minority-owned businesses and current or future entrepreneurs who are gaining access to capital, creating jobs, leveraging technology, and developing the products and services that enhance the standard of living for us all.”

Mary Schmidt Campbell, president of Spelman College, added that “our students will learn to build strong businesses and create wealth for their families and their communities, all while obtaining a first-rate liberal arts education. We’ll hire top-tier faculty, support our students financially, continue to grow co-curricular programs that offer real-world experience, and offer courses online for those adults who are already in the workplace.”

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

California State University Sacramento Launches Black Honors College

Officially launching for the fall 2024 semester, the Black Honors College will support students from all backgrounds who study Black history, life, and culture by providing them with a specialized curriculum and mentoring opportunities.

Higher Education Gifts or Grants of Interest to African Americans

Here is this week’s news of grants or gifts to historically Black colleges and universities or for programs of particular interest to African Americans in higher education.

In Memoriam: Norman B. Anderson, 1955-2024

Dr. Anderson was the assistant vice president for research and academic affairs at Florida State University at the time of his death. He had an extensive career in clinical psychology, which led him to become the first African American chief executive officer of the American Psychological Association.

Georgia State University Launches Program to Support Black Women in Tech

While Black women account for roughly 29 percent of the Georgia State University undergradaute student body, they represent only 10 percent of the university's computer science majors and 18 percent of the computer information systems majors.

Featured Jobs