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The Home Depot Pledges $10M In VC Funds To Further Support Minority Entrepreneurs

The Home Depot continues to remain a leader when it comes to investing in Black entrepreneurs and businesses. In a new move, the company has committed to further setting entrepreneurs up for success in America. According to PR Newswire, the world’s largest home improvement retailer has announced plans to invest $10 million in venture capital funds that reiterate the company’s stance on diversity, technology and entrepreneurship. The funds will go toward Base10 Partners Advancement Initiative, L’ATTITUDE VENTURES, and Plexo Capital as a part of the company’s mission to create meaningful, inclusive and sustainable opportunities for minority-owned companies. The funds will also go toward the company’s continued commitment to Historically Black Colleges and Universities (HBCUs). “Striving to close the wealth gap and advancing education for all are two of the Diversity, Equity, and Inclusion commitments we set forward in 2020,” said Derek Bottoms, chief diversity officer and vice...

Shanique Yates

Sep 28, 2021

The Home Depot Just Awarded Grants Ranging From $20K to $75K To 30 HBCUs

The winners are in! According to PR Newswire , in this 12th installation of its Retool Your School program, The Home Depot doubled its commitment to $1 million. This year, 30 campus improvement projects will be funded at various Historically Black Colleges and Universities (HBCUs). This is the most projects to be completed in one year through the program. Tougaloo College is one of the top performers this season and even won the Campaign of the Year award ultimately walking away with $120,000 from Retool Your School. “Since 2009, The Home Depot has continued to increase its investment in campus improvements for HBCUs,” said The Home Depot’s Chief Diversity, Equity & Inclusion Officer Derek Bottoms in an official news release . “We are ensuring HBCU students have an upgraded environment that enhances their educational experience as they progress on their journey to become the next generation of leaders. ” To commence the voting season, a virtual Retool Your School Winners Ceremony...

Shanique Yates

Apr 17, 2021

The Home Depot Doubles Commitment to HBCUs, Pledges $1M to Supporting Campus Improvements

The Home Depot is continuing its mission to empower HBCUs with the tools and resources they need. Since its inception in 2009, the Retool Your School School program has been the home improvement retailer’s way to emphasize the vital role that HBCUs play in America. This year The Home Depot is doubling its commitment by providing $20,000 to $75,000 grants to 30 various projects. “Since 2009, The Home Depot has continued to increase its investment in campus improvements for HBCUs,” said Derek Bottoms, chief diversity, equity & inclusion officer for The Home Depot in a press statement. “In addition to other HBCU initiatives supported by The Home Depot over the years, we are doubling our Retool Your School commitment to $1 million for 2021. We are ensuring that upon their return to campus, HBCU students have an upgraded environment that enhances their educational experience as they progress on their journey to become the next generation of leaders.”   View this post on Instagram   A...

Shanique Yates

Feb 16, 2021

How The Home Depot Provides The Tools To Build A Technology Career

Atlanta has become one of the fastest-growing startup scenes in the country. According to a report by the CBRE Group , the city has one of the most competitive tech markets in the country and is ranked in the Top 10 Tech cities list. Founders from around the country are bringing their ideas to the burgeoning technology scene for a chance to be the next Jeff Bezos or Steve Jobs. The city is also home to the $100 billion home improvement retailer, The Home Depot. The brand and its internal technology team are blazing a trail into the technology field one hire at a time. In 2018, the company kicked off a three-year strategic plan with an $11.1 billion investment in the company. The plan includes seamlessly connecting the customer experience in-store and online, creating an industry-best supply chain, and speeding up the checkout process for customers. An internal and external upgrade in technology was needed for the company to meet these goals. As part of the initiative, the company...


Oct 2, 2019

How Working In A $100 Billion Retailer Gives Entrepreneurial Vibes

Tia Likely, technology director at The Home Depot, talks about her experience working in tech Building from the ground-up is an experience that The Home Depot likes to offer both its customers and associates alike. As the world’s largest home improvement retailer, The Home Depot provides its associates a wide range of skills to excel in their field of work, especially in the field of technology. Although the company is a $100 billion retailer with multiple offices in Atlanta, technology centers in Austin and Dallas, and other locations around the country, there are projects executed that give associates more responsibility, which can instill a sense of ownership and the opportunity to contribute firsthand to the corporation’s growth. These are the vibes that employees seeking technology positions likely receive from a startup, but it happens within the walls of The Home Depot. Tia Likely, technology director of customer and loyalty, spoke with AfroTech about how working in...


Sep 27, 2019