PNC, a prominent American banking and financial services company, has partnered with Howard University to establish the Howard University and PNC National Center for Entrepreneurship. The collaborative center, housed on the Howard University campus, aims to support and educate Black entrepreneurs across the country.
The center will serve as a national network of various educational institutions and professional business organizations who are dedicated to enhancing financial and networking opportunities for Black entrepreneurs. In addition to Howard University, the center has established partnerships with three other HBCUs: Morgan State University in Baltimore, Maryland, Clark Atlanta University in Atlanta, Georgia, and Texas Southern University in Houston, Texas.
The collaborative initiative will be available to HBCU students, faculty, staff, alumni, and other established or aspiring Black entrepreneurs. Anyone who participates in the center’s programming will be exposed to educational courses, research strategies, and business outreach initiatives. PNC provided the center with a five-year, $16.8 million grant to support the center’s launch, as well as scholarship and loan opportunities for its participants.
More information on the Howard University and PNC National Center for Entrepreneurship can be found here.