
Black Panther star Michael B. Jordan and tennis legend Serena Williams are paying it forward to one lucky entrepreneur to the tune of one million dollars.
AfroTech reports that the two stars have teamed up to assist students and graduates of Historically Black Colleges and Universities, or HBCUs, by launching a Startup Pitch Competition, which is aimed to inspire future business leaders who may not have equal access to opportunity.
Jordan’s Invesco QQQ Legacy Classic competition invites HBCU alumni and students to submit their business proposals and innovative ideas for a chance to win a million-dollar jackpot. The competition is now open and is accepting applications.
The actor partnered with Williams’ Serena Ventures as well as MaC Venture Capital, two investment firms, to get the contest off the ground and “will work together to identify the most promising early-stage startup companies founded by current HBCU students or alumni.”
Three finalists will be chosen, who will then have to make a final pitch to the two firms, as well as Harlem Capital and Cake Ventures, who are also serving as advisors to the competition.
The $1 million winner will be announced December 18 during TNT’s broadcast of an HBCU college basketball showcase featuring four institutions: Howard University, Hampton University, North Carolina A&T University and North Carolina Central University.
The showcase, called the Invesco QQQ Legacy Classic Basketball Showcase Finals, is a double header between Hampton vs NC Central and Howard vs NC A&T.
Copyright © 2021, ABC Audio. All rights reserved.
Related Posts
Gwyneth Paltrow testifies in ski crash trial
March 24, 2023
ABC/Christopher WillardGwyneth Paltrow has taken the stand in the civil trial for a ski accident…
Music notes: Alanis Morissette, Lewis Capaldi, Ed Sheeran and Adele
March 24, 2023
Alanis Morissette will headline the 2023 RBCxMusic Concert Series on June 10 in Toronto. She will…
‘John Wick: Chapter 4’ already killing it at the box office
March 24, 2023
LionsgateFans are apparently ready for John Wick to be back. The fourth chapter of the hit…
Adam McKay arrests Robert Downey Jr., Robert Pattinson, Amy Adams and more for serial killer satire
March 24, 2023
Netflix/Dimitrios KambourisDirector-writer Adam McKay, who recently called the shots on Netflix's…
Sam Asghari open to starring in a movie with Britney Spears: “That would be a dream come true”
March 24, 2023
Sam Asghari says starring in a movie alongside wife Britney Spears "would be a dream come true."…
Reese Witherspoon and Jim Toth divorcing after 12 years of marriage
March 24, 2023
Presley Ann/Getty Images for Icelandic GlacialReese Witherspoon and Jim Toth are divorcing after 12…
Chris Kirkpatrick says NSYNC stood out from other boy bands because they embraced pop culture
March 24, 2023
Tim Boyles/Getty ImagesFriday marks the 25th anniversary of NSYNC's eponymous debut album, one of…
Ed Sheeran to perform new album “all the way through” at Brooklyn’s Kings Theatre
March 24, 2023
Atlantic RecordsIf you want to be among the privileged few who get to hear Ed Sheeran's new album,…