Pharrell Williams and his non-profit initiative Black Ambition have announced the winners of the Black Ambition HBCU Prize as well as the Black Ambition Prize.
The Black Ambition HBCU Prize is awarded to current and former HBCU – historically Black colleges and universities – business owners and entrepreneurs, while the Black Ambition Prize is awarded to early-stage companies in technology, health, design and consumer-focused products and services.
The Black Ambition Prize winner was revealed as Livegistics, which will receive $1 million in prize money. The Black Ambition HBCU grand prize winner, Dosso Beauty, will get $250,000. Nine other teams will also receive prizes of more than $100,000, while all 34 finalists are being given awards of no less than $15,000.
“If you think you’re excited, we really mean it when we say that we’re excited,” Williams said while announcing the honor. “This is a game changer. This [Black Ambition initiative] is about meeting human beings like you. You guys are the examples. You’re the dreams that we dreamt of [and] this is what Black Ambition is all about. All the game changing, it begins right now.”
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