BofA Invests $50,000 in One Spartanburg’s Power Up University
Investment Aims to Support Small and Minority Business Owners
In a move to bolster small and minority business owners, Bank of America has made a significant investment of $50,000 in One Spartanburg’s Power Up University. The new initiative is a joint venture with numerous higher education institutions within Spartanburg County to provide business-centered certifications and degrees.
Partnerships to Drive Economic Growth
Power Up University has already secured partnerships with Spartanburg Community College and USC Upstate as part of its programming. Further details on curriculums being designed in collaboration with Spartanburg Methodist College are expected to be released soon.
This collective initiative aims to strengthen the local economic landscape by empowering small and minority-owned businesses with the knowledge and skillset needed to succeed in today’s competitive business market.
Celebrating the Initiative
The 29th of April saw leaders from all partnering institutions, One Spartanburg, and Bank of America, along with community stakeholders gather to officially kick off Power Up University. The event celebrated the initiative’s shared commitment to back the local business scene.
Stacy Brandon, President of Bank of America, Upstate South Carolina, enthusiastically stated, “Power Up University brings together our partners in higher education to elevate small and minority-owned business owners in our community.” She further added, “We will continue to support efforts that promote small business growth in Spartanburg and ultimately help improve economic mobility for all in this community.”
Bank of America’s Commitment to Building a Better Tomorrow
The investment from Bank of America is perceived as a strategic move to fuel economic growth and foster business vibrancy in the Spartanburg community where the bank has a significant presence. It is a noteworthy example of the bank’s ongoing commitment to investing in the communities it serves and helping build pathways to economic progress.
This generous donation exhibits Bank of America’s belief in the transformative power of education and the necessity of providing small and minority businesses with the resources for growth and development. The goal is to make a palpable impact on the community by helping small business owners hone their skills and increase their business acumen.
Power Up University and the investing partners hope that their collective efforts will create a thriving and inclusive economic environment that promotes widespread prosperity and unlocks endless possibilities for small and minority business owners in Spartanburg and beyond.
The initiative of Power Up University assisted by Bank of America serves as a beacon of economic resilience and potential for the businesses of Spartanburg, proving that a vibrant local economy is within reach if proper resources and education are made accessible to all.
Source: HERE News Network, Author: HERE News
