Mastercard announces $5M investment in developmental center for Historically Black Colleges

On Wednesday, Sept. 15, the financial organization revealed its partnership with Black Economic Alliance Foundation, a leading national organization promoting economic mobility and prosperity for Black Americans, to establish the center with financial support from several corporations, including Mastercard, Bank of America and more.

“For over a century, HBCUs have played a critical role in nurturing professional talent and creating economic mobility in Black communities,” said Salah Goss, senior vice president for social impact at the Mastercard Center for Inclusive Growth.

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