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Bank of America underwrites new Center for Black Entrepreneurship in Atlanta

Bank of America, the Black Economic Alliance Foundation, and two Atlanta institutions of higher education – Morehouse and Spelman Colleges – have announced the establishment of the Center for Black Entrepreneurship (CBE).

Described as the first-ever academic center of its kind to assemble, educate and empower a new class of Black entrepreneurial talent, the new Center will be located on the campuses of Spelman College and Morehouse College in southwest Atlanta. Spelman plans to house the CBE in its new academic facility, the Center for Innovation & the Arts, and Morehouse will house its CBE within a new facility on campus.

The CBE, powered by $10 million in anchor funding from Bank of America, will support the development of an academic curriculum, faculty recruitment, co-curricular programming, modernization of existing facilities, and development of new physical space. In addition to the students of Spelman and Morehouse, students from Clark Atlanta University and Morehouse School of Medicine will also be able to benefit from CBE programming.

Read more about the new initiative here.

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