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Black billionaire pledges paid internships for 1,000 students

Billionaire businessman Robert. F. Smith. Image: YouTube/HBCU Pulse

Black billionaire and philanthropist Robert Smith made national news with his pledge to pay the student loan debt of the graduating class of 2019 at Morehouse College. His actions were praised by the vast majority and reviled by those opposed to his wealth and his gift to the students at the HBCU. Now Smith is showing that his philanthropy is not a onetime thing and has once again reached out to help students seeking a better life.

Smith has announced the creation of the Intern X program, a part of his Fund II Foundation. According to the Intern X website, the program will target “Rising sophomores with at least a 2.8 GPA from ethnically underrepresented groups.”

The program will provide paid internships to students at a host of top companies in the US. Among those companies pledging to support the program are AT&T, Price Waterhouse Coopers, Deloitte, Citi and Vista Equity Partners. The Intern X program will help to provide an eight-week paid summer internships in the fields of finance, marketing, software, not-for-profits, real estate, science, technology, engineering and mathematics to students who qualify.

There is no fee to sign up for the internship program and some companies may even provide housing and transportation assistance. Individuals who are interested should visit the InternX.org for more information on the program and how to sign up,