The Associated General Contractors of America and Procore Technologies, Inc. (NYSE: PCOR), a leading provider of construction management software, are launching a new scholarship program to assist African American and disadvantaged minority students who are studying construction fields at historically black colleges and universities, or HBCUs. The new scholarship is being made possible thanks to a $250,000 challenge gift from Procore that the association will now fundraise to meet and exceed.
“We don’t want to price future leaders out of their opportunity to shape the construction industry,” said Stephen E. Sandherr, the association’s chief executive officer. “These new scholarships will put a new and more diverse generation of students on track to become tomorrow’s construction leaders and innovators.”
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