Target commits $500,000 growth fund to HBCU founders on Bet on Black

The season features founders from Howard University, Morehouse College, Spelman College, Clark Atlanta University, Grambling State University and Fayetteville State University. The revised format distributes capital among all participating entrepreneurs instead of awarding a single prize. Target’s six-season partnership has directed nearly $3 million to Black founders and Black-owned businesses, according to the reported announcement.

• hbcus
• student founders
• target
• equity-free funding