In an video regarding the announcement, initially Pharrell unveiled that the program will consist of a panel called “Women Who Lead” with Tracee Ellis Ross, Medley co-founder Edith Cooper, Good American CEO and co-founder Emma Grede and Imaginary Ventures co-founder and partner Natalie Massenet, wherein they will explore leadership in a woman’s perspective. “It’s important to have recognizable faces, and faces that represent brands that they build,” Williams told Vanity Fair.
The later part of the collaboration highlights a “comprehensive mentorship program,” a pack of interactive mentorship workshops that will be offered to the Black Ambition prize finalists. This particular set of people will be eligible for “unprecedented access to the Chanel leadership community, as well as the brand’s network of experts that will help teach them the essentials of brand building skills for 21st century business” to help with the business side of things, which according to Pharrell is a difficult aspect for prize winners. “Even when you have a great business plan you might not find the right operators,” Pharrell explained. “[The mentorship program] teaches you all of those things. Success really does have a lot of authors. Usually when you say ‘success has a lot of authors’ it’s a dig at people who didn’t do something but are taking the credit. In this particular sense when it comes to running a business, success does have a lot of authors – there are a lot of signatures needed to cosign to get a brand new idea off the ground.”
“I am incredibly honored by Chanel’s support of Black Ambition. Mentorship is a cornerstone of Black Ambition’s mission and is vital to the success of the next generation of Black and Latinx entrepreneurs,” said Pharrell.
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