Famous Rapper Launches Fund to Invest in HBCU Student Businesses
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Posted By: Will Moss on November 11, 2020 |
By Sweenie Saint-Vil
2 Chainz has come up with a “marvelous idea on how to give back to HBCU students.”
On Monday (Oct. 19), the “I’m Different” emcee announced that he’s launching his Money Maker Fund to help support HBCU students who are currently running their own businesses.
“If you are an HBCU student and you currently have a business that’s up and running, I created the Money Maker Fund,” he said in a video posted on his social media accounts. “I would like to invest into your business, your idea.”
Those interested in getting 2 Chainz’s support must be currently enrolled and in good standing at an HBCU in the U.S. Applicants are also required to have an active business complete with a website, social media accounts, S and C corporation documents and proof of ownership, all of which must be submitted with the application.
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Eligible students must upload a business presentation deck via Powerpoint or video that lays out their executive summary, company description, service/product line description and marketing/sales plan. All applications must be received by Nov. 6.
2 Chainz’s fund is named after his “Money Maker” single which debuted during his Verzuz battle against Rick Ross.
The song samples Southern University’s Human Jukebox marching band while the visual pays homage to that institution and the many other HBCUs around the country.
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The Pretty Girls Like Trap Music rapper — whose discography is often played at HBCUs — will also be contributing to Black colleges and universities at a virtual homecoming where he is scheduled to perform of some of his hit records.
2 Chainz’s investment in HBCUs is only part of his recent philanthropic work. Amid the Coronavirus pandemic, he fed the homeless and bought lunch for healthcare workers in Atlanta.
Look below to watch 2 Chainz’s announcement of the Money Maker Fund.
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