North Carolina A&T University has received a $5 million grant for a new program aimed at increasing the number of African American students securing careers in business and engineering. The school says it's the largest corporate investment in its history.

A&T is teaming up with Walmart for the Equity in Education Initiative, designed to support undergraduate students with resources as they pursue professional careers.

According to a news release, the program will encompass four focus areas.

One will address Black male achievement, retention, and graduation rates, which are often lower than that of their female peers.

A leadership initiative will provide male and female students with the skills, coaching, and connections to accelerate professional careers after graduating.

A third program aims to prepare students for management roles in engineering, which has been historically dominated by majority populations.

Also, a plan for scholarship support will be developed.

The initiative is set to begin in early 2021 and is slated for five years.

N.C. A&T is the country's largest and top-ranked historically black university.

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