Black Students at Oxford University to Get Black American Tech Entrepreneur's Scholarships
Arlan Hamilton, software investor and businesswoman, is financing a new black undergraduate scholarship at Oxford University, a first for the educational institution
The scholarship, partly named for the mother of Hamilton, will cover fees and cost of living for one undergraduate student a year starting in 2020 for three years. Oxford said the scholarship fund's value is about £ 220,000 (or almost $300,000).
A black woman who wrote her own unique success story as an entrepreneur and investor in the mostly white and male tech sector, Hamilton is a former music tour manager with no college degree who purchased a one-way ticket to San Francisco to support underrepresented entrepreneurs. She was so broken that by day she met tech investors and slept at night on the San Francisco airport floor until one of them cut her a check.
Today, she runs Backstage Capital, a venture capital firm which supports women, minority and LGBTQ entrepreneurs who are ignored by Silicon Valley and represents Hamilton's commitment to transcend the complex set of pre-school stereotypes and obstacles that prevent women and people of color from having equal access to some of the highest-paid jobs in the country.