Bloomberg: Blackstone Makes Diversity Focus of Student Business Program

The Blackstone LaunchPad will be adding 45 colleges and universities in the next five years, for a total of 75, as part of Blackstone’s efforts to make diversity the centerpiece of the student entrepreneurship network. All of the new schools must have a student population that’s more than half non-White or serve under-resourced communities, an effort that is being backed by a $40 million commitment from the Blackstone Charitable Foundation. It will include a partnership with UNCF to identify the schools and further develop the program. UNCF is a major provider of scholarships to students of color.

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