Goldman Sachs has added the Currys as two new additional members to help it reach its ambitious goal.
As previously reported by AfroTech, Goldman Sachs announced a new initiative back in March that aimed to invest $10 billion in what they called the One Million Black Women (OMBW) initiative — a hefty effort that plans to support Black women over the next 10 years.
“Given all that’s happened over the course of the last year, we’ve done a lot of talking at the firm—and even more listening—to help us figure out how we can do more to end the racial inequity and the gaps that have existed in society for well too long,” Goldman Sachs CEO David Solomon previously shared in a statement to ESSENCE. “Impact comes with sustained effort over a long period of time. We’re very prepared for that.”
According to the outlet, Ayesha Curry will lend her many talents as an entrepreneur, cookbook author, television personality, actress and magazine owner to Goldman Sachs’ initiative. Additionally, Steph Curry’s star power and investment expertise will also prove to be a valued asset for the new initiative.
CEO Solomon will host the company’s Advisory Council for their first meeting on May 17, and shortly after will plan to announce their first round of investments, ESSENCE reports.
Throughout the summer, Goldman Sachs will collaborate with Advisory Council members as well as Black-women-led organizations to further the national dialogue about how to best use investment capital to positively impact the lives of Black women and their communities.
“The listening sessions have been transformational,” President and Dean Valerie Montgomery Rice, MD — Morehouse School of Medicine and member of the One Million Black Women Advisory Council — said in a statement. “The One Million Black Women initiative has, from the start, worked to listen to the ideas, concerns, and aspirations of Black women. The $10 billion dollar investment will allow for more Black women to realize their full potential and become the economic drivers we know they are. I’m excited to partner with Goldman Sachs and be a part of this movement.”
These new efforts include focusing on childhood literacy, which will be led by Steph Curry in collaboration with his and his wife’s non-profit organization, Eat. Learn. Play.
For more information about the One Million Black Women initiative, click here.