Recently, rapper Big Sean’s nonprofit organization, the Sean Anderson Foundation, partnered with Ally Financial and the Thurgood Marshall College Fund to host an entrepreneurial competition for students from historically Black colleges and universities.
The contest, “Moguls in the Making,” gave HBCU students the opportunity to plan, develop, and present a business plan in front of their peers and a panel of judges. They also participated in workshops focused on various topics such as financial literacy, idea pitching, and building business models.
The event received over 500 applicants, which were narrowed down to 50 student participants from 10 HBCUs. The represented colleges were Alabama A&M University, Elizabeth City State University, Florida A&M University, Howard University, Jackson State University, Morgan State University, Norfolk State University, Virginia State University, Tennessee State University, and North Carolina A&T State University.
The winning team came from Florida A&M University. The students received internships at Ally Financial, a $5,000 scholarship each, and MacBook Air computers.