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Black Ambition

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Pharrell Williams' Black Ambition Announces Its Third Annual Prize Competition To Award $1M

Back in 2022, Felecia Hatcher shared with AfroTech that the 2023 Black Ambition Prize was on its way. Now, she and Pharrell Williams’ nonprofit initiative has returned with not only the prize competition but also a new program for Black and brown entrepreneurs.

Mar 1, 2023

Howard University Student's Patent-Pending Technology Device Aims To Reduce Gun Violence

If you want to get the people going around a controversial topic, bring up the second amendment and its focus on gun ownership and rights. No matter where one stands on the issue, the one thing that seems to bind people together is the issue of safety, especially concerning children and youth and their access to firearms. 19-year-old activist Kayla Austin stepped up to the plate to provide a solution for gun control within households.

Feb 16, 2023

Black Ambition CEO Felecia Hatcher Encourages Black Techies To 'Still Stay The Course' In The Midst Of Tech Layoffs

Throughout 2022, news of tech layoffs hit the nation, especially over the past few weeks. In CNBC’s rundown of the announcements that have piled in, Meta had the most cuts of about 11,000 jobs — its biggest round of layoffs ever. As previously reported by AfroTech, Elon Musk also cut 3,700 employees after his Twitter takeover.

Nov 25, 2022

HBCU Alum Who Birthed Her Company In A Dorm Room Earns $25K From Pharrell’s Black Ambition

Pharrell’s Black Ambition has yet to cease supporting current and former HBCU students. In 2021, AfroTech reported on Spelman alumna Mya Havard and her co-founders being awarded $100,000 to help more people buy Black. Now, Black Ambition has backed another HBCU alumna, except this one is supporting student-parents.

Nov 2, 2022

Pharrell May Be Coming For StockX, The RealReal, And More With His New Online Auction Platform Joopiter

As an innovator of the culture as we know it today, Pharrell has racked up quite the collection over the years. Now, the 49-year-old entertainer says everything must go in an exclusive auction of some of his most personal valuables. “My business manager was like, ‘Hey, at this point, you have 11 different storage units,'” said Pharrell in an interview with Financial Times. He has keepsakes that include everything from a leather jacket featuring “Women’s Rights” across the front to a gold-plated Blackberry.

Sep 29, 2022

Pharrell's Black Ambition Invests In Content Creator Network Trend's $3M Pre-Seed Round

Pharrell Williams has added a new investment to his growing portfolio. The music mastermind’s nonprofit Black Ambition has invested in Trend — a curated content creator network — according to The Hollywood Reporter.

Jul 14, 2022

Livegistics, A Team Of Software Developers, Wins Pharrell Williams' $1M Black Ambition Grand Prize

Today, Black Ambition founder Pharrell Williams announced the winners of the Black Ambition and Black Ambition HBCU (Historically Black College and University) Prizes during the initiative’s Prize Celebration. “These are the founders I dreamed would represent Black Ambition. Today we celebrate their determination, resourcefulness, and creativity. Because of Black Ambition, the world will be much more equitable. More people of color can pursue their ventures and get what they need to thrive,” said Pharrell Williams. “There’s been too much disparity and discrimination. Black Ambition will continue to create and push for more seats at the table, so that your talent, not your color, determines your results.” The winner of the $1 million grand prize, according to Billboard, is Livegistics, which features a collective of software developers, accounting professionals, and former construction managers that used their combined expertise to create a new cloud platform for civil projects....

Pharrell Teams Up With Chanel To Launch Black Ambition's New Mentorship Program For Today's Business Leaders

Pharrell Williams is teaming up with fashion house Chanel to take his nonprofit organization to the next level. As previously reported by AfroTech, the super-producer and entrepreneur launched his nonprofit, Black Ambition, back in December to help support underserved entrepreneurs with startups across tech, design, healthcare and consumer products/services. According to Complex, now he’s upping the stakes with Chanel by launching a two-part mentorship program in addition to sponsoring two competitions this summer with prizes for Black and Latinx entrepreneurs as well as emerging talent from Historically Black Colleges and Universities (HBCUs). “Chanel’s support of Black Ambition is a cornerstone of Black Ambition’s mission and is vital to the success of the next generation of Black and Latinx entrepreneurs,” Williams said in a statement, “to honor their commitment to investing in human potential and advancing greater representation in culture and society, Chanel has put together an...

Jun 14, 2021

Pharrell Launches Initiative to Help Black Entrepreneurs ‘Realize America’s Promise’

The last few weeks should make Pharrell fans very happy. The multi-hyphenate artist launched his Humanrace skincare line and released the gospel-music show “Voices of Fire” on Netflix, and now he is helping Black and Latinx entrepreneurs. According to ESSENCE, Williams announced Black Ambition, a non-profit initiative that will support underserved entrepreneurs who are launching tech, design, healthcare, and consumer products/services startups. In addition, part of the initiative will include two competitions for investments, The Black Ambition HBCU Prize and The Black Ambition Prize. “With Black Ambition, the goal is to help strengthen the pipeline of talented entrepreneurs and close the opportunity and wealth gaps derived from limited access to capital and resources,” Williams said in a statement. He added on Instagram, “We see a future where ideas flourish, ruinous risk is diminished, and Black and Latinx entrepreneurs are positioned to realize America’s promise.”   View this...

Dec 4, 2020