Dominion Energy Corporation is making a big investment in supporting historically Black colleges and universities in states in which it does business. The company recently committed $25 million to be shared by 11 historically black colleges and universities in Virginia, Ohio, North Carolina, and South Carolina. The six-year “HBCU Promise” program will support endowments, capital projects, operating expenses, and educational programs in clean energy.
In addition, the company has announced a $10 million scholarship fund for African American and underrepresented minority students across the company’s service area. These scholarships will be available for the upcoming school year.
In a statement the company wrote: “We have partnered with HBCUs for nearly 40 years, offering volunteer and financial support. As we witness our country’s evolving conversation on race and social justice, we have been looking for ways that we can make a difference. We know that education, especially at our HBCUs, can serve as a springboard for social and economic mobility for many.”
The 11 HBCUs that will receive funding under the program are Hampton University, Norfolk State University, Virginia Union University, Virginia State University, Allen University, Benedict College, Claflin University, South Carolina State University, North Carolina A&T State University, Wilberforce University, and Central State University.