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Ally finance inc10/12/2023 In second place, the non-profit organization idea called Food 4 Thought provides budget-friendly and healthy meal solutions for lower income households. Second Place: North Carolina Central University, $10,000 scholarships for each student. Javen Washington, senior accounting and finance student from Fayetteville, N.C.Nyla Ward, sophomore political science student from Charlotte, N.C. Laia Garland, senior entrepreneurship and innovation student from Charlotte, N.C.Teco Bynum, senior computer science student from Charlotte, N.C."Prosperity Pathways" uses the same loan framework to finance career development through trade schools and professional certifications. "Milestone Loans" offer incremental installments toward loan downpayment to instill financial discipline. The two-fold financial program uses alternative credit history, non-traditional income and financial behaviors to prove credit worthiness. The winning concept, Capital in Color Lending, utilizes AI-driven products tailored for communities of color to empower ambitions through innovative approaches for accessing capital. A&T State University, $20,000 scholarships for each student. The 2023 top three teams and their pitch concepts were:įirst Place: N.C. Members of those top teams each received a scholarship for the 2024 school year, guaranteed offers of a paid internship at Ally for Summer 2024, and other prizes to support their education. They then were asked to develop a concept to support economic mobility in Charlotte and create a business plan to put those ideas into action. Each team presented their concept to a panel of judges, who awarded prizes to the top three teams based on the pitch. Sixty students – 15 teams with four students each – toured Charlotte, one of Ally's hometown markets, to learn about the city's rich heritage and community challenges. Programs like this provide access and opportunities for HBCU students to learn core business and entrepreneurial skills and help to build an early talent pipeline with bright, passionate and creative individuals who will be our future leaders." "We're intentional about how we show up as an ally, focusing on efforts that support economic mobility and inspire social change. "Moguls in the Making is an investment Ally makes to provide career-launching business experience," said Ally Financial CEO Jeffrey J. 6-10, was hosted by Ally Financial (NYSE: ALLY) in collaboration with the Thurgood Marshall College Fund (TMCF), the largest organization exclusively representing the Black College community, with special appearance by multi-platinum artist, entrepreneur and philanthropist Big Sean.
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