Institutional Advancement and the NCCU School of Business is pleased and grateful that the Executive Leadership Foundation (“ELF”) agreed to grant a request for $350,000 to support program development and scholarships for the Summer Youth Business & Entrepreneurship Academy.
In this academy, NCCU professors and local business leaders offer classes to high-achieving high school students in the subjects of marketing, finance, entrepreneurship, leadership and ethics. The students visit successful local companies and organizations as they research and develop business plans to present in a juried competition.
This generous grant of $350,000 will help ensure that the program reaches full capacity by its third year and will cover the full cost of attendance for 280 students: 40 students in 2014 and 120 students per year in 2015 and 2016. The ELF award will provide a significant base of support to establish the academy at the highest-level of quality and sustainability.
“This generous gift from the Executive Leadership Foundation will enable NCCU to invest in training for the next generation of business leaders, entrepreneurs and scholars,” said Dr. Debra Saunders-White, NCCU chancellor. “We are thankful to the ELF for supporting our efforts to build a pipeline of skilled individuals for the workforce in North Carolina and our nation.”
About The Executive Leadership Council and Executive Leadership Foundation
The Executive Leadership Council (ELC) is an independent, nonprofit 501(c)(6) corporation founded in 1986, composed of current and former black CEOs, board directors and senior executives at Fortune 500 companies. For more than 25 years, the ELC has worked to build an inclusive business leadership pipeline. We empower black corporate leaders to make significant contributions in the global marketplace and their communities.
The ELC’s related charitable organization, the Executive Leadership Foundation (ELF), focuses on improving local communities and helping disadvantaged groups within the broader society. The 501(c)(3) affiliate supports educational programs and provides scholarships to deserving students who are interested in business and corporate careers. ELF programs develop future business leaders, filling the pipeline from the classroom to the boardroom. For more information about the Executive Leadership Council and Foundation, click here.