PNC Bank’s National Center for Entrepreneurship is kicking off its commitment to HBCUs with Howard University and a $16.8 million investment. As the tide shifts for Black entrepreneurs their companies have brought in over $200 billion to the U.S. economy annually. When combined with early entrance into entrepreneurship, this PNC and HBCU partnership will become a lead-economic catalyst across Black communities.
The Breakdown You Need To Know: The benefits of attending an HBCU are abundant, as these havens for intellectuals of melanin to congregate in higher learning and self pride actually generate $14.8 billion in economic impact annually. PNC’s commitment to HBCU’s entrepreneurs spans the country from Clark-Atlanta University, to Texas Southern University, to Morgan State, with Howard University serving as the center’s central command station.
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