ATLANTA — The Home Depot is upping its investment in Historically Black Colleges and Universities in 2023.
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The home improvement corporation announced on Thursday that it will be investing $4 million into HBCUs with its annual Retool Your School program. The program helps HBCUs remain powerhouses of excellence and create impact.
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The company plans to utilize $2 million to expand range of community projects and career resources for students. This includes externships, scholarships, career workshops and innovation lounges.
The other $2 million will go into doubling the flagship Retool Your School Improvement Grant that gives grants to HBCUs.
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The public can also vote to give Atlanta HBCUs one of 30 other grants ranging from $40,000 to $150,000.
The Home Deport is also collaborating with the United Negro College Fund to give out $2,500 scholarships to 60 students currently enrolled at a HBCU.
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