Blackstone LaunchPad To Increase To Nine Colleges of The Metropolis College of New York (CUNY) | Organization

NEW YORK–(Business WIRE)–Jul 26, 2021–

Blackstone LaunchPad currently announced that it has expanded obtain to its college student undertaking and entrepreneurial ability-making system to students at 9 Metropolis University of New York (CUNY) faculties across all 5 New York City boroughs.

Blackstone LaunchPad’s network will present college students at Baruch Higher education, Borough of Manhattan Local community College, Bronx Group Faculty, Brooklyn Higher education, Metropolis Faculty of New York, School of Staten Island, Lehman Faculty, Queens College or university and Queensborough Local community Faculty with the means and opportunities to guidance their entrepreneurial endeavors and profession ambitions. The Blackstone Charitable Basis has fully commited $6 million to the plan.

“CUNY is pleased to partner with the Blackstone Charitable Basis on this important talent-making initiative that will join students on 9 of our campuses with mentors, networks and skilled development options, though nurturing their entrepreneurial spirit,” stated CUNY Chancellor Félix V. Matos Rodríguez. “As we emerge from a pandemic that has recalibrated the future of do the job, plans like Blackstone LaunchPad are crucial to ensuring that our financial restoration embraces and extends to all New Yorkers proportionately and equitably. We thank the Blackstone Charitable Basis for their commitment to CUNY and our pupils, and for supporting institutions of increased understanding that share our bedrock values of diversity and inclusion.”

Together with the the latest announcement of Blackstone LaunchPad’s enlargement to 3 traditionally Black faculties and universities (HBCUs) in Atlanta, the New York partnership is component of the Blackstone Charitable Foundation’s work to assure that the advancement of an entrepreneurial attitude and skills – this kind of as a business enterprise acumen and a creative method to issue fixing – are readily available to a extra assorted established of pupils.

For college students at these 9 senior and group faculties, Blackstone LaunchPad will facilitate a worldwide community of long lasting expert relationships concerning learners, faculty and advisors via proven startup sources and one of a kind virtual and physical convening possibilities. Learners will also have the opportunity to take part in pitch competitions, fellowships and reside speaker sequence to go after their wanted job with the techniques desired to thrive. 

Amy Stursberg, Executive Director of the Blackstone Charitable Foundation, said: “Specified our charitable foundation’s longstanding motivation to serving the communities in which we live and get the job done, we are incredibly excited for the possibility to bring Blackstone LaunchPad to all five boroughs of New York Town. Our partnership with these fantastic faculties is an remarkable stage in our broader dedication to escalating obtain to entrepreneurial techniques, networks and resources among underrepresented pupils to construct successful organizations and careers.”

The CUNY partnership is portion of the Blackstone Charitable Foundation’s $40 million motivation to expand Blackstone LaunchPad to greater-ed institutions that have a the greater part varied inhabitants or are serving beneath-resourced communities. The initiative began with an enlargement to convey Blackstone LaunchPad’s community and assets to 6 added campuses in the College of Texas system, specified Hispanic Serving Institutions (HSIs), demonstrating continued determination to expanding variety amongst pupil business owners and the improvement of skills for profession mobility. By September, Blackstone LaunchPad will be out there to more than a person million learners at 45 colleges in the U.S. and Ireland and will boost its system to 75 campuses around the upcoming five several years.

About Blackstone Charitable Basis

The Blackstone Charitable Foundation has led Blackstone’s philanthropic initiatives because 2007. We are driven by the firm’s commitment to range and inclusion and supplying accessibility to opportunity in the communities in which we are living and get the job done. Blackstone LaunchPad assists faculty learners understand entrepreneurial expertise for achievement to construct thriving companies and careers, with an increasing motivation to educational facilities that have a greater part diverse college student population or engage with underrepresented communities. BX Connects engages Blackstone’s world wide worker foundation to partner with non-revenue, supporting their missions by means of volunteer possibilities, fundraising, board services and other charitable activities. 

About CUNY

The City College of New York is the nation’s largest city public college, a transformative engine of social mobility that is a vital part of the lifeblood of New York Metropolis. Established in 1847 as the nation’s very first cost-free general public establishment of higher education, CUNY right now has 7 group schools, 11 senior schools and 7 graduate or professional institutions spread across New York City’s 5 boroughs, serving 500,000 students of all ages and awarding 55,000 levels each 12 months. CUNY’s combine of top quality and affordability propels nearly six periods as a lot of low-money students into the middle class and past as all the Ivy League colleges merged. Much more than 80 per cent of the University’s graduates remain in New York, contributing to all facets of the city’s financial, civic and cultural lifetime and diversifying the city’s workforce in each and every sector. CUNY’s graduates and school have acquired many prestigious honors, which include 13 Nobel Prizes and 26 MacArthur “Genius” Grants. The University’s historic mission carries on to this day: offer a to start with-charge general public schooling to all learners, irrespective of means or track record.

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PUB: 07/26/2021 10:30 AM/DISC: 07/26/2021 10:32 AM

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