AGC & Procore Meet Initial $500,000 Goal for Scholarships for Minority Students Studying Construction At HBCUs
First Round of Scholarship Awards Will Be Made for the 2022-23 School Year, Annually After That as Part of Broader Effort to Make the Construction Industry More Diverse and Inclusive
The Associated General Contractors of America and Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, announced today 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, or HBCUs for short. Students will begin receiving the scholarship starting in the 2022-23 school year.
“Our members understand and appreciate the wisdom of investing in a more diverse and inclusive future,” said Stephen E. Sandherr, the association’s chief executive officer. “By meeting the initial fundraising challenge for this new scholarship, they are supporting construction students at some of the nation’s oldest and most prestigious construction programs.”
Sandherr noted that the new scholarship is part of the association’s broader efforts to diversify the construction industry and help it become even more inclusive.