Pharrell Williams just announced the launch of a new non-profit called "Black Ambition". The non-profit initiative is dedicated to provide an opportunity for success for Black and Latino entrepreneurs.
Williams said the inspiration behind the non-profit is to give a voice to undeserved communities."We need a voice. We have the smallest slice of the American Pie, in terms of ownership".
Williams announced that there will be two prize competitions - the Black Ambition HBCU Prize and the Black Ambition Prize.
Applications will be available nationwide for eligible founder teams. Click here for more info.
Image via Getty