Morehouse College receives $400K to help grow minority, women-ow - CBS46 News

Morehouse College receives $400K to help grow minority, women-owned tech companies in Atlanta

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Source: WGCL Source: WGCL

It is not a secret the number of women in the tech field is significantly lower than the number of men in the same field. And that number is expected to decline by 2025 according to research done by Girls Who Code.

JPMorgan Chase and Morehouse College are teaming up to help bridge the gap of women in the tech industry with the development of a new program, Ascend 2020 Atlanta.

The $400,000 grant given to Morehouse by JPMorgan Chase is intended to grow hundreds of minority and women-owned technology companies in low income communities across metro Atlanta.

"Morehouse is very excited about the potential of this partnership which allows the college to extend our reach and support to minority entrepreneurs here in Atlanta.” said Tiffany Bussey, Director of the Morehouse College Entrepreneurship Center. “These engagements afford us the opportunity to build upon our leadership in decreasing the income inequality gap in our communities.”

Morehouse is partnering with local organizations to create a support system that will provide management skills and training access to capital and customer acquisition strategies to underserved entrepreneurs. Those organizations include:

  • Access to Capital for Entrepreneurs
  • Advanced Technology Development Center at Georgia Tech
  • Metro Atlanta Chamber of Commerce
  • TechSquare Labs

"Connecting underrepresented small businesses with the resources and capital they need to grow is not only good for the economic health of the community, but it’s also good business,” said Rey Curva, head of Chase Business Banking in Atlanta. “Over the past several years, Chase has referred hundreds of small businesses to our trusted CDFI partners and we’re pleased that many come back to Chase for a small business loan when the time is right.” 

The group will host an event Wednesday at TechSquare Labs from 5:30 to 7:30 p.m. to educate local businesses about the program and the resources that are available to them. 

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