Walmart and North Carolina A&T State University Team up to Launch ‘Equity in Education Initiative’ - Seite 2

The $5 million investment for the Equity in Education Initiative is in addition to the broader $100 million Walmart and the Walmart Foundation announced this summer to create a new center for racial equity. Walmart also announced four shared value networks (SVNs) focused on racial equity in our nation’s criminal justice, education, financial and healthcare systems. This is this first major initiative coming out of the SVNs, being driven by the education SVN.

Participants in the Equity in Education Initiative will have the opportunity to practice business case studies provided by Walmart as part of a rigorous career-readiness curriculum.

“As a leading STEM university with longstanding strengths in business education, we are always interested in growing the size and academic strength of our student body and the number of outstanding graduates we send into the world,” said N.C. A&T Chancellor Harold L. Martin, Sr. “We are profoundly grateful for the support of Walmart and the partnership of our colleagues at The ELC and MLT. Their collective involvement in the Equity in Education Initiative will ensure this initiative pays dividends for many years to come.”

“We applaud Walmart’s commitment to the Equity in Education program, allowing us to bring the Black Male Initiative to a broader group of N.C. A&T students,” says Crystal E. Ashby, interim president and CEO of The Executive Leadership Council. “We designed the Black Male Initiative with a specific intent of investing in and changing the trajectory of the lives of young Black men. We value Walmart’s action to close the performance gap between young Black men and women, and young Black men and the majority population, at the college level.”

“Sixty percent of the 450,000 Black and Latinx students who graduate from college each year end up unemployed or in jobs that don’t require a four-year degree. That is not acceptable,” said MLT Founder and CEO John Rice. “Our objective is to equip these students with the professional coaching, high performance playbook, and employer connections to ensure they land career path jobs that deliver economic mobility for them and their families."

The initiative is slated for five years and will roll out over the course of three semesters, beginning in early 2021.

About Walmart

Walmart Inc. (NYSE:WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, over 265 million customers and members visit approximately 11,500 stores under 56 banners in 27 countries and eCommerce websites. With fiscal year 2020 revenue of $524 billion, Walmart employs over 2.2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart and on Twitter at twitter.com/walmart.