Education

Dominion Energy Launches $25M HBCU Promise Program

Four Virginia schools are among a group of historically Black colleges and universities set to receive huge investments from Dominion Energy Corporation in states where the conglomerate utility firm does business.

The company recently committed $25 million to be shared by 11 HBCUs in Virginia, Ohio, North Carolina, and South Carolina, the Journal of Blacks in Higher Education reported.

The funds will support endowments, capital projects, operating expenses, and educational programs in clean energy through Dominion’s six-year HBCU Promise program.

“We have partnered with HBCUs for nearly 40 years, offering volunteer and financial support,” Dominion said in a statement, the Journal reported. “As we witness our country’s evolving conversation on race and social justice, we have been looking for ways that we can make a difference. We know that education, especially at our HBCUs, can serve as a springboard for social and economic mobility for many.”

Virginia Union University, Hampton University, Norfolk State University, Virginia State University, Allen University, Benedict College, Claflin University, South Carolina State University, North Carolina A&T State University, Wilberforce University and Central State University will receive investments.

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