WASHINGTON – Today, U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced $17,735,349.43 in federal funding from the U.S. Department of Education to Hampton University to establish the Virginia Workforce Innovation and Entrepreneurship Center (VWIEC), a statewide small business incubator project. This grant will expand the capability and capacity of Virginia’s current and aspiring entrepreneurs to aid with economic recovery in the wake of the COVID-19 pandemic.
“We’re pleased that these federal dollars will assist Hampton University in continuing to serve their students in the face of the current health and economic crisis,” said the Senators. “Historically Black Colleges and Universities help provide a first-rate education for so many students from traditionally underserved communities. We will continue to advocate for them as they support their students during this ongoing crisis.”
This grant was awarded through the Department of Education’s Education Stabilization Fund, which seeks to provide support to state educational agencies in addressing the specific educational needs of students, parents, and teachers in elementary and secondary schools, and higher education institutions. Sens. Warner and Kaine are strong supporters of Virginia’s HBCUs. Last year, the Senators successfully pushed to get the FUTURE Act signed into law to restore $255 million in federal funding for these critical institutions. They also secured $93 million in critical funding to strengthen HBCUs as part of the December government spending deal.