UNCF (United Negro College Fund) has expanded its Center for Innovation and Entrepreneurship (CIE) to foster entrepreneurship and innovation among students at historically Black colleges and universities (HBCUs) and other institutions. This aims to promote wealth growth and social impact within communities of color. CIE will support ventures via education, mentoring and financial aid. The center also targets Gen-Z students and recent graduates, who have shown heightened interest in entrepreneurship.