Detroit-based financial company Ally Financial Inc. gathered 50 talented students from 10 HBCUs across the country to host the innovative entrepreneur competition, Moguls in the Making.

50 students were selected by Ally and the Thurgood Marshall College Fund, out of over 500 applicants, to compete in the weekend-long challenge that was held from March 29 to March 31.

Each student worked in teams of five from their respective schools to develop business plans to address economic mobility issues that various industries are facing in the Motor City.

Moguls in the Making panelists/Photo: Ally Financial Inc.


Since Detroit is known as a city for its entrepreneurial success, it was the perfect place to provide a platform for the future leaders to obtain the best business skills to succeed.

Big Sean, who is a big advocate of inspiring the youth, found it important to provide students with the chance to obtain the knowledge they needed to have bright futures and become the leaders they are destined to be.

FAMU competition winners/Photo: Ally Financial Inc.

"By bringing Moguls in the Making to Detroit, Ally Financial is able to showcase our home city of Detroit while investing in the future of aspiring business leaders to help them realize their full potential," said Brimmer. "As a company committed to economic mobility and diversity and inclusion, we're happy to work with like-minded organizations as well as other notable Detroit natives to bring this initiative to life."

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This piece is brought to you by Ally Financial, Inc.