The Associated General Contractors of America and Procore Technologies, Inc., a global provider of construction management software, announced that they have met their initial fundraising goal of $500,000 for a new scholarship to support minority students studying construction at the nation’s Historically Black Colleges & Universities (HBCUs). Students will begin receiving the scholarship starting in the 2022-23 school year.
Procore helped launch the new scholarship last fall with an initial $250,000 gift. In addition to supporting the new scholarship, Procore.org, their social impact arm, provides educational support to HBCUs through free access to Procore’s platform and training resources to equip instructors with the tools needed to educate the future construction workforce.
The HBCU scholarship program will be administered by the AGC Education and Research Foundation, which awards a host of construction scholarships, funds research into key construction topics and supports faculty externships at commercial construction firms. Gibson said the first round of scholarships will be awarded in the early fall to support students in the school year 2022-2023. Additional scholarships will be awarded annually in the fall.
Among key supporters of the new scholarship are the Beavers Charitable Trust, Bowen Engineering, Bulley & Andrews, Caddell Construction Company, Josam Co., Stanley Construction and Williams Brothers Construction. Association officials added that they plan to continue fundraising for the new HBCU scholarship to be able to support even more students.
For more information, visit donate.agc.org.