In An Act Of Economic Cooperation, These Programs Are Boosting The Black Economy

Black man portrait
Alyssa Guzik
April 11, 2023

Pharrell Williams is a global superstar now, and that was fueled by his ambition and creativity. As his empire expanded, he realized that countless others like him were without the same access he now has.

Black Ambition was Williams’ answer to this Black crisis. In conjunction with HBCUs, Adidas, Chanel, and the Rockefeller Foundation, this competition was created as a way to promote, enhance, and uplift Black creatives.

Each year, applicants have the opportunity to gain access to funding of up to $1 million for their concepts, mentorship, and innovation. Over 30 companies were funded last year alone.

Black Ambition isn’t the only program of its kind. Project Black, Black Angel Tech Fund, and more exist to open doors and wallets for Black entrepreneurs and creatives who traditionally have had difficulty accessing these financial resources.

Paying it forward inspires others to take up the same mission. Black philanthropists recognize their privilege and use their resources to help other Black entrepreneurs. They realize that the quickest way to Black liberation includes using the resources we have to uplift others.

We have a quick favor to ask:

PushBlack Finance is a nonprofit dedicated to raising up Black voices. We are a small team but we have an outsized impact:

  • We reach tens of millions of people with our BLACK FINANCIAL NEWS & ECONOMIC EMPOWERMENT STORIES every year.
  • We fight for ECONOMIC JUSTICE to protect our community.
  • We run VOTING CAMPAIGNS that reach over 10 million African-Americans across the country.

And as a nonprofit, we rely on small donations from subscribers like you.

With as little as $5 a month, you can help PushBlack raise up Black voices. It only takes a minute, so will you please ?

Share This Article: