December 17, 2018 IBOMLLC Team

U.S. Department of Commerce grants $2 million to HBCUs

Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

The U.S. Department of Commerce through the Minority Business Development Agency (MDBA) announced a grant almost totaling $2 million to go to four Historically Black Colleges and Universities (HBCUs).

The four identified HBCUs mainly offer STEM-related courses. The grant given and the curriculum offered by the learning institution are strategically position with a report published by the U.S. Bureau of Labor Statistics. The report forecasts that between 2012 and 2022, careers with the STEM field will grow by at least nine million.

The HBCUs given the grant will use the money towards equipping their students to become STEM entrepreneurs. In addition to that, the money will also take the institutions a long way in creating a federal research and contracting organization.

On June 28, 2018, the MBDA invited HBCUs to a discussion whose mission was to identify projects that will achieve the following:

Increase the number of entrepreneurs within the STEM fields

Increase the organizations’ chances of securing federal research and development funds

Partner up with federal laboratories and other tech organization in the country

Compete for federal contracts

The four HBCUs that got the nearly $2 Million Grant

Howard University got $359,891 …read more

Read more here:: U.S. Department of Commerce grants $2 million to HBCUs



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