New scholarship fund seeks to help minority students advance in business

A new scholarship fund seeking to help minority students advance in business is the focus of a luncheon at the Bayfront Convention Center.

The effort includes the nonprofit partnership, the Erie Community Foundation and the Greater Erie Economic Development Corporation.

The goal is to raise three million dollars to fund scholarships of up to $ 150,000.

The opening speech was given by Dr. Tyrone McKinley Freeman, who studied America’s first black millionaire businesswoman.

He explained how Mrs. CJ Walker used her beauty care business to open schools to help struggling students.

“She was also very charitable with her financial donations to various organizations, so when you look at some of the investments made in Erie, it resonates with her story as she was also very involved in her community,” said Tyrone McKinley Freeman, PHD, Speaker of honor.

The new fund is called “We Believe in Erie Fund”. It should be operational by January 2022.

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