Blackstone Charitable Foundation is the philanthropic arm of the global investment firm Blackstone.
As a part of the foundation’s commitment to advancing diversity and inclusion, the foundation recently pledged to support colleges and universities that serve under-resourced communities and students.
On Monday’s edition of “Closer Look” Spelman College President Dr. Mary Schmidt Campbell discussed how a new partnership between Blackstone Launchpad and the Atlanta University Center Consortium will increase and strengthen student’s access to entrepreneurship.
“Launchpads are over the country, in colleges large and small all over the country, so we are a part of that network – that’s really important that you’re not isolated because you have access to information and knowledge and opportunities through that network,” she explained.
Schmidt Campbell further explained to Rose Scott that Spelman College, Morehouse College and Clark Atlanta will receive 500,000 that will be divided over five years.
“What makes this gift so fantastic is that it comes at a time when Spelman and Morehouse are establishing a Center for Black Entrepreneurship,” said Schmidt Campbell.
During the conversation, Schmidt Campbell also discussed the college’s response during the pandemic and what’s next for students in the fall.
To listen to the full conversation, click the audio player above.