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Pharrell Williams continues to pour into Black entrepreneurs and Historically Black Colleges and Universities (HBCUs). Founded by the global superstar, Black Ambition is returning for its second year to foster Black and Latinx leaders and communities. Entrepreneurs with ventures in products and services, media and entertainment, healthcare, technology, and Web 3.0 are encouraged to apply for a chance to win up to a million dollars. In addition to funding, students will be provided mentorship, resources, and “founder-friendly investment terms.” “When you realize how lucky you are to be in the constellation of the universe and when you learn how it really works, you stop buying vehicles and you create vehicles to drive you. That’s what Black Ambition is, it’s a vehicle for impact. At Black Ambition, we find you and then we fund you,” Williams said, according to a press release. In 2021, Black Ambition supported over 250 entrepreneurs and awarded over $3.2 million to support their...
Pharrell Williams’ Black Ambition is certainly living up to its name. A $100,000 award has reportedly been granted to Spelman alumna Mya Havard and her co-founders Ibrahim Conteh, Nashawn Chery, Faisal Gedi and Simrun Mannan from Williams’ Black Ambition. As AfroTech previously reported, the Black Ambition, and Black Ambition HBCU, created in 2020, partners with Historically Black Colleges and Universities (HBCUs) to provide resources for Black and Latinx current and former HBCU students with startups in tech, design, healthcare, and consumer products or services. The initiative also provides entrepreneurs mentorship opportunities, capital gain, and pitch feedback along with prize money of up to $250,000. “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 stated in a press release. The funds will be allocated to support Shea.d, which...