FOSSI Raises $17M For HBCU STEM Education

June 1, 2022
Leading organizations in the chemical and affiliated industries announce a milestone in the industry’s collaborative diversity, equity and inclusion program, the Future of STEM Scholars Initiative.

Leading organizations in the chemical and affiliated industries announce a significant milestone in the industry’s collaborative diversity, equity and inclusion program, the Future of STEM Scholars Initiative (FOSSI). Launched in 2020, FOSSI reportedly has raised more than $17 million to fund $40,000 scholarships for over 350 students attending Historically Black Colleges and Universities (HBCUs).

A nationwide program, FOSSI supports students from underrepresented communities pursuing studies in a range of preferred science, technology, engineering and math (STEM) fields, including chemical and mechanical engineering, chemistry and environmental sciences. In its inaugural year, FOSSI says it provided 151 scholarships. This fall, the program reportedly will fund an additional 144 scholarships, bringing the program closer to its goal of 1000 scholarships through 2025.

Jadyn Fleming, an Arkansas native and 2021 FOSSI scholarship recipient attending Spelman College, shares why receiving this scholarship was important in a press release from the organization, “FOSSI is helping not only me, but HBCU students nationwide to pursue their goals…By alleviating a portion of the financial burdens that I am facing, FOSSI has invested in the future of STEM.”

FOSSI chairman and former CEO of The Chemours Company, Mark Vergnano, says, “With an ambitious goal of funding 1000 HBCU students, FOSSI aims to have a significant and meaningful impact on the future workforce. These talented scholarship recipients bring new and diverse perspectives to help innovate the solutions that will address global challenges like clean energy and climate change.”

The 2023 FOSSI application period will open on September 23.

Read the press release at: www.FutureOfSTEMScholars.org

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