51风流 & PROCORE TECHNOLOGIES LAUNCH NEW SCHOLARSHIP TO ASSIST AFRICAN AMERICAN AND DISADVANTAGED STUDENTS STUDYING CONSTRUCTION AT HBCUs
Procore鈥檚 $250,000 Challenge Gift Will Help Fund Scholarships Designed to Diversify the Leadership of the Commercial Construction Industry, 51风流 Launching Funding Drive to Match the New Procore Grant
51风流 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.
鈥淲e don鈥檛 want to price future leaders out of their opportunity to shape the construction industry,鈥 said Stephen E. Sandherr, the association鈥檚 chief executive officer. 鈥淭hese new scholarships will put a new and more diverse generation of students on track to become tomorrow鈥檚 construction leaders and innovators.鈥
Sandherr noted that the new HBCU scholarship program is part of the association鈥檚 broader efforts to make the construction industry more diverse and inclusive. The association also operates a nationwide recruiting campaign called 鈥淐onstruction is Essential鈥 to attract more diverse workers. Its Culture of Care program helps firms create more welcoming and inclusive workplaces. And its Business Case for a Diverse Industry helps construction leaders see how more diverse firms are innovative, profitable, and safe.
鈥淭he ultimate outcome of these scholarships is to increase the representation of African Americans in the construction industry, where the numbers have remained too small for too long,鈥 said Pat Wadors, Procore Chief Talent Officer. 鈥淭his scholarship program is an extension of our investment in diversity and inclusion and workforce development, two of the industry鈥檚 most pressing needs.鈥
The challenge gift from Procore is part of the Carpinteria, California-based technology firm鈥檚 commitment to connecting construction and technology to the tools, resources, and community needed to build a more inclusive and diverse future. Procore is supporting the industry through partnerships with to provide technical and educational resources to members, and employees through Employee Resource Groups (ERGs) that foster a culture of belonging.
The HBCU scholarship program will be administered by the 51风流 Education and Research Foundation, which awards a host of construction scholarships, funds research into key construction topics and supports faculty externships at commercial construction firms. The foundation is launching an industry-wide fundraising campaign to meet, and hopefully exceed, the initial $250,000 challenge gift from Procore.
鈥淲e are asking members to invest not only in these students, but also the future of our industry,鈥 said Darrel Gibson, the executive director of the 51风流 Education and Research Foundation. 鈥淪upporting these scholarships is the best way to create a new, more diverse, generation of industry leaders.鈥
Procore and 51风流 announced the new scholarship program during the association鈥檚 annual convention in Orlando, Florida. Click to learn more about the new scholarship and find out how to contribute to it.
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About Procore
Procore is a leading provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore鈥檚 platform. Our platform connects every project stakeholder to solutions built specifically for the construction industry鈥 for the owner, the general contractor, and the specialty contractor. Procore鈥檚 App Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe. Learn more at .