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Top supporters of Historically Black College and University (HBCU) engineering schools, such as The Boeing Company, Amazon, and Capital One, recently celebrated the second anniversary of a $4.7 billion commitment to stimulate regional economies and support small and diverse businesses from Baltimore to Richmond.

Despite the original five-year commitment, participating organizations have already reached nearly 70 percent of the goal in just two years.

The initial $4.7 billion commitment involves efforts from 26 organizations, including household names such as Akin, Amazon, Bank of America, Capital One, Comcast, Deloitte, Georgetown University, JPMorgan Chase, and Kaiser Permanente.

Since 2022, the partnership has expanded to include Ampcus Inc., the Annie E. Casey Foundation, Boeing, KPMG, and Virginia Tech.

The Greater Washington Partnership‘s leading employers have collectively invested $3.2 billion toward inclusive economic growth since 2022.

This investment includes over $2.1 billion in diverse businesses and more than $1 billion in underserved communities through entrepreneurship programs, health equity, and affordable housing initiatives.

Additionally, over $90 million has been directed to improve access to capital through community development financial institutions and minority depository institutions serving underrepresented populations, creating and expanding economic opportunities.

These initiatives align with the Greater Washington Partnership’s Regional Blueprint for Inclusive Growth, a 10-year roadmap focused on closing equity gaps in education, workforce, access to capital, affordable housing, infrastructure, and health equity.

The Partnership is a nonprofit alliance of the region’s most influential employers committed to championing the economic growth and vibrancy of Maryland, Virginia, and Washington, DC.

Since 2003, HBCU engineering deans and the Advancing Minorities’ Interest in Engineering (AMIE) corporate-academic alliance have completed Career Communications Group’s Top Supporters of Historically Black College and University (HBCU) Engineering Schools survey conducted by US Black Engineer & Information Technology magazine.

Top Supporters are companies and government agencies considered most supportive of HBCU engineering programs and contribute to the institutional missions of these schools.

When making their decision, HBCU engineering deans consider support for infrastructure modernization and enhancement, research, participation on advisory councils, faculty development opportunities, scholarships, student projects, stipends, internship and co-op opportunities, and job offers related to science, technology, engineering, and math (STEM) fields.

 

 

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