PRESS ROOM: Ally celebrates 6th consecutive year of ‘Moguls in the Making’ pitch competition with return to Detroit

NNPA NEWSWIRE — During the Moguls in the Making competition Oct. 2 – 6, 50 students, grouped into teams of five from 10 HBCUs, will be asked to develop and pitch business ideas that promote economic mobility. This year’s program will return to its roots and be hosted in Detroit, the site of the original pitch competition in 2019 More than $1 million in scholarships and prizes awarded to foster HBCU student entrepreneurship, empowerment For the sixth year, Ally and the Thurgood Marshall College Fund (TMCF), the largest organization exclusively representing the Black College community, are hosting Moguls in the Making, a pitch competition offering 50 students from Historically Black Colleges and Universities the opportunity to learn vital business skills, while competing for valuable scholarships and paid internships. Ally, the nation’s largest all-digital bank, has awarded more than $1 million through the program since 2019. “Moguls in the Making is an ongoing commitment to increase social capital among HBCU students, while also providing access, exposure, and opportunities to elevate their success,” said Natalie Brown, Senior Director of Corporate Citizenship at Ally. “As of this year, we will have hosted more than 300 HBCU students during the span of this program,...