Florida A&M Students Win “Big Sean” Moguls In The Making Pitch Competition

Detroit native Sean “Big Sean” Anderson announced a team of five students from Florida A&M University as the winners of Moguls in the Making, an entrepreneurship competition created by Motor City-based Ally Financial in collaboration with his Sean Anderson Foundation, and The Thurgood Marshall College Fund (TMCF). Their winning idea was developed to address the topic of finance and banking in the city of Detroit. The Florida A&M University students were awarded Ally internships, a $5,000 scholarship each and Macbook Air computers.

The team was chosen from 50 students from across the country who traveled to Detroit to participate in the weekend-long competition. They worked in groups of five to develop business solutions to various issues facing Detroit including employment, education and real estate. 

The ten teams pitched their business ideas to a panel of judges including Anderson, Andrea Brimmer, chief marketing and public relations officer at Ally, Anand Talwar, deposit and consumer strategy executive at Ally, Tommey Walker, principal of Detroit vs. Everybody, and George Spencer, executive vice president of business development, innovation and entrepreneurship at the TMCF.  

Throughout the weekend, the students participated in mentoring sessions, heard from local business leaders, and attended financial education classes. 

The ten schools represented by student teams include Alabama A&M University, Elizabeth City State University, Florida A&M University, Howard University, Jackson State University, Morgan State University, Norfolk State University, Virginia State University, Tennessee State University and North Carolina A&T State University.

Winning students from Florida A&M University were Livi Grant, Keishon Smith, Nalani Kelley-Marsh, Emmanuel Dawson and Earl Perry.

About Ally Financial Inc.

Ally Financial Inc. (NYSE: ALLY) is a leading digital financial-services company with $178.9 billion in assets as of December 31, 2018. As a customer-centric company with passionate customer service and innovative financial solutions, we are relentlessly focused on “Doing It Right” and being a trusted financial-services provider to our consumer, commercial, and corporate customers. We are one of the largest full-service automotive-finance operations in the country and offer a wide range of financial services and insurance products to automotive dealerships and consumers. Our award-winning online bank (Ally Bank, Member FDIC and Equal Housing Lender) offers mortgage-lending services and a variety of deposit and other banking products, including savings, money-market, and checking accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). We also support the Ally CashBack Credit Card. Additionally, we offer securities-brokerage and investment-advisory services through Ally Invest. Our robust corporate finance business offers capital for equity sponsors and middle-market companies.

For more information and disclosures about Ally, visit https://www.ally.com/#disclosures.

About the Thurgood Marshall College Fund (TMCF)

Established in 1987, the Thurgood Marshall College Fund (TMCF) is the nation’s largest organization exclusively representing the Black College Community. TMCF member-schools include the publicly-supported Historically Black Colleges and Universities and Predominantly Black Institutions, enrolling nearly 80% of all students attending black colleges and universities. Through scholarships, capacity building and research initiatives, innovative programs and strategic partnerships, TMCF is a vital resource in the K-12 and higher education space. The organization is also the source of top employers seeking top talent for competitive internships and good jobs.

TMCF is a 501(c)(3) tax-exempt, charitable organization. For more information about TMCF, visit: www.tmcf.org.

About the Sean Anderson Foundation

The mission of the Sean Anderson Foundation is to assist in the education, health, safety and well-being of primary through college aged youth in underserved communities across the country.

Sean is a living example of what can be accomplished through focus, determination and hard work. He strives to serve as an instrument of encouragement for us to help support ourselves and to support one another.

The Sean Anderson Foundation’s signature program is “Mogul Prep,” a digital and live event curriculum that focuses on developing entrepreneurial skills, preparing students for college and/or the work force, and ultimately for a successful life. In addition, the Foundation partners with a number of existing charitable programs whose objectives are consistent with the objectives of the Foundation.  

For more information about SAF, visit http://www.seanandersonfoundation.org/about/

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