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Maurice Jones

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OneTen Pledges 3,500 Tech Scholarships To Support Underserved Black Talent

To provide a space for Black talent in tech, OneTen — a group of industry executives aiming to hire and build Black individuals to create an equitable and inclusive workforce — has launched its inaugural scholarship program to provide support for over 3,500 students over the next two years, a press release states. The program was created to spearhead underserved Black talent toward the tech industry — with a focus on four core tech competencies: digital marketing, business analytics, front end developer, and predictive analytics — despite not acquiring four-year degrees. “By investing in talent transformation, we can help remove the barriers to diversity in tech. By providing access to resources that are designed to nurture and develop people’s skills, we can help get more Black talent into the technology space,” Dennis Schultz, Executive Director of the BIT Foundation, said in a press release. As a contribution toward OneTen’s commitment, Udacity and Blacks In Technology will lend...

Samantha Dorisca

Oct 18, 2021

This CEO is Behind Over $100M Allocated to Black-Owned Businesses and HBCUs

The support for HBCUs and Black-led businesses has been at an all-time high this year, and more companies and entrepreneurs are stepping up to be reliable assets for funding. Recently, Maurice Jones — President and CEO of the Local Initiatives Support Corporation (LISC) — helped donate over $100 million to Black-owned businesses and HBCUs through public and private funding, Shoppe Black reports . So far, Jones and LISC have been able to source $25 million from Netflix, $60 million from Lowe’s, $40 million from Jeff Bezos’ ex-wife, MacKenzie Scott, Black Business reports . As stated by Jones, LISC is a community development finance organization that provides access to capital, grants, loans, equity investments, tax credit equity, affordable housing, and technical assistance to places like schools, healthcare centers, and organized groups. LISC uses their services to “catalyze opportunities with the real focus on underserved and communities of color.” According to Jones , LISC...

Njera Perkins

Aug 4, 2020