College Scholar Fund and Program Initiative
In 2009, the MBCC established its college scholars fund to support future leaders and business owners to address the issues that African American and other students of color face which contribute to any high-risk of dropping out of college.
The vision of the MBCC College Scholar Program initiative is to expand the scholars fund to include mentoring, internship, and volunteerism. The program will target students that are interested in careers in business and entrepreneurship. In 2011, the chamber established its first collaborative partnership with the University YMCA to working together through its Collegiate Achiever Program (Y-CAP) which focuses on college and career readiness and retention practices. It is expanding its partnership this year to include the Black Data Processing Associates (BDPA), Twin Cities Chapter. The chamber plans to align its business members and constituents to offer summer internships, career mentoring, guest speakers, and exposure to business networking to the college students sponsored through its’ program. Still in the fund development stage, the near term goal is to hire our first college summer intern, identify and support two new scholars beginning this Fall, increase the scholars fund, and begin the development of the program.