Advertisement

Header Utility Menu

  • Subscribe
  • Advertise
  • Contact Us
  • Events

LinkedIn Facebook Twitter Instagram Get Our App

  • Login

Virginia Business

Mobile Menu

  • Issues
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Advertisement

Header Primary Menu

  • Issues
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • Issues Archive
  • Industries
    • Banking/Finances
    • Law
    • Real Estate
    • Economic Development
    • Education
    • Energy/Green
    • Federal Contracting
    • Government
    • Healthcare
    • Hotels/Tourism
    • Insurance
    • Ports/Trade
    • Small Business
    • Startups
    • Technology
    • Transportation
  • Regions
    • Central Virginia
    • Eastern Virginia
    • Northern Virginia
    • Roanoke/New River Valley
    • Shenandoah Valley
    • Southern Virginia
    • Southwest Virginia
  • Reports
    • Best Places to Work
    • Business Person of the Year
    • CEO Pay
    • COVID-19
    • Generous Virginians Project
    • Legal Elite
    • Most Influential Virginians
    • Maritime Guide
    • Site Locator
    • The Big Book
    • Virginia CFO Awards
  • Company News
    • For the Record
    • People
  • Opinion
  • Lists
  • Awards/Events
    • 2022 Virginia Business Political Roundtable
    • Women in Leadership
    • Diversity Leadership Series
    • Virginia 500
    • Legal Elite
    • CFO Awards
    • Big Book of Lists
    • 100 People To Meet
    • Best Places To Work
  • Virginia 500
    • Read The Issue
    • Power Up Virginia 500
    • Buy an award plaque
    • Suggest execs for 2023

Home News Four Virginia HBCUs to receive support from Dominion

Four Virginia HBCUs to receive support from Dominion

Universities among 11 institutions receiving $25 million "HBCU Promise" funding from utility

Published July 23, 2020 by Kate Andrews

Photo courtesy Hampton University

Hampton University, Norfolk State University, Virginia State University and Virginia Union University are among 11 historically black colleges and universities (HBCUs) that will share $25 million in support from Dominion Energy Inc., the Richmond-based utility company announced Thursday.

The awarded funds — precise amounts going to each institution were not disclosed — are part of a $35 million higher education initiative announced earlier in the month. In addition to the $25 million “HBCU Promise” program, Dominion will create a $10 million scholarship fund for African American students and other underrepresented minorities across its service territory.

Along with the four Virginia universities, seven HBCUs in North Carolina, Ohio and South Carolina will receive funding over the next six years, according to a news release. The funding will go toward four general areas: operating needs, urgent capital needs, endowment and scholarships. Some details are still being worked out.

The 11 colleges and universities were chosen through a variety of factors: earlier partnerships with Dominion, significant customer presence and opportunities to make an immediate impact, the news release said.

“We have all been witness to our country’s evolving conversation on race and social justice,” Dominion Chairman, President and CEO Thomas F. Farrell II said in a statement. “Investing in these important institutions — which serve as a springboard for social and economic mobility for so many — is one way we can help. We have actually partnered with HBCUs for nearly 40 years, offering volunteer and financial support.”

 

Related Stories

Virginia Business logo

Offshore wind components headed from Europe

Dominion Energy to begin construction on offshore wind turbines this spring

Virginia Business logo

Dominion files construction, operations plan for $7.8B offshore wind farm

Project off Va. Beach coast would eventually provide energy for 660K homes

Virginia Business logo

Dominion announces $10M scholarship program for minority students

Dominion will award $500K among 60 recipients this year

Trending

13th annual Best Places to Work

Virginia ABC announces next Pappy lotteries

Magical moments

Morrissey’s Petersburg casino bill fails in Senate Finance

Petersburg casino bill passes Va. House

Sponsored Stories

Working at Pinnacle Financial Partners

What Logistics issues will have the biggest impact on you in 2023?

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Advertisement

Advertisement

Trending

13th annual Best Places to Work

Virginia ABC announces next Pappy lotteries

Magical moments

Morrissey’s Petersburg casino bill fails in Senate Finance

Petersburg casino bill passes Va. House

Sponsored Stories

Working at Pinnacle Financial Partners

What Logistics issues will have the biggest impact on you in 2023?

In the New Year, Aim for Better Cybersecurity

4 innovative ways to create capacity

WHERE IS THE SUPPLY CHAIN WHEN YOU NEED IT?

P.A.I.N.T. Your Financial Mountain

5 Benefits of Treasury Management Services from Atlantic Union Bank

Blazing trails in the digital landscape

Get Virginia Business directly on your tablet or in your mailbox!

Subscribe to Virginia Business

Advertisement

Advertisement

Footer Primary Menu

  • virginiabusiness.com
  • Subscribe
  • Advertise
  • About Us
  • Contact Us

Footer Secondary Menu

  • Industries
  • Regions
  • Reports
  • Company News
  • Events

Sign Up For Our Newsletter

Sign Up

LinkedIn Facebook Twitter Instagram Get Our App

Privacy Policy Cookie Policy

Footer Utility Menu

Copyright © 2023 Virginia Business. All rights reserved.

Site Maintained by TechArk