Morehouse College is partnering with JP Morgan Chase on an effort to help grow new minority-and-women-owned tech businesses.
The company is giving the college’s Entrepreneurship Center a $400,000 grant for a program called Ascend 2020 Atlanta, Morehouse officials announced Wednesday. A kickoff to the effort is scheduled for Wednesday afternoon.
The grant is aimed at helping increase capital and training for minority and female entrepreneurs in metro Atlanta.
“This partnership could increase economic development in communities in the shadows of Morehouse College,” said Morehouse College interim President Bill Taggart. “It gives entrepreneurs access to some of our most talented professors and a team of experts working in the tech industry.”
Others involved in the partnership include TechSquare Labs, Metro Atlanta Chamber, Access to Capital for Entrepreneurs, and the Advanced Technology Development Center at Georgia Tech.
