SAN FRANCISCO — Technology investor and entrepreneur Arlan Hamilton is funding a new scholarship for black undergraduate students at Oxford University, a first for the educational institution.
The scholarship, partly named for Hamilton’s mother, will cover fees and living costs for one undergraduate student a year for three years beginning in 2020. The value of the scholarship fund is about £220,000 (or nearly $300,000), Oxford said.
A black woman who has written her own unique success story as an entrepreneur and investor in the mostly white and male tech sector, Hamilton is a former music tour manager without a college degree who bought a one-way ticket to San Francisco with the goal of backing underrepresented entrepreneurs. She was so broke that she met with tech investors by day and slept on the floor of the San Francisco airport at night until one of them cut her a check.
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