Blackstone Blog
13

Aug

2012

The Blackstone Charitable Foundation Commits $150,000 to Fostering Entrepreneurship in Young Children

The Blackstone Charitable Foundation today announced that it has approved a new $150,000 grant to One Hen Inc., a nonprofit that introduces young children to the principles of entrepreneurship. One Hen plans to use the new Blackstone grant to aggressively expand its program to impact more economically challenged regions across the US. The grant will help One Hen digitize its platform, providing more children with interactive curricula and tools to learn the basic skills to succeed as an entrepreneur, and to launch and grow a business. Blackstone's funding of the new One Hen digital platform will extend the One Hen Academy student pilot to over 4,000 students annually as well as provide free global access to One Hen's online activities, lessons and games featuring micro entrepreneurs from around the world.

The Blackstone Charitable Foundation supports One Hen’s mission to foster entrepreneurship at an early age and catalyze the future growth of successful businesses, industries and communities. In 2011, The Blackstone Charitable Foundation funded a $100,000 grant to One Hen, expanding on the Foundation’s earlier $2 million investment in the Detroit region. The grant allowed One Hen to develop the One Hen Academy and run a middle school pilot program in Detroit. The pilot was incredibly successful, reaching 300% of its predicted enrolment and raising an additional $250,000. The Foundation was able to leverage its widespread entrepreneurial base by connecting its Blackstone Launchpad mentors at Walsh College and Wayne State with middle school children enrolled in the One Hen curriculum.  The Foundation looks forward to continuing to reinforce its commitment to entrepreneurship and job growth by working alongside innovative programs like One Hen.

 

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