The Virginia Cannabis Association is partnering with Educapital Foundation to offer one-time $1,000 scholarships to college students pursuing a career in cannabis.

Ganjapreneur report

The Virginia Cannabis Association is partnering with non-profit group Educapital Foundation in offering $1 million in scholarships to college students, WWBT reports. Eligible students can receive one-time $1,000 scholarships.  

Juan Silva, director of community outreach with Educapital, told WWBT that low-income students who were disproportionately impacted by the war on drugs can benefit from the program while boosting their local economy. 

“A lot of people have 20, 30, 40 years of being incarcerated right now for a plant that a lot of people are making money off of.” — Silva to WWBT 

Educapital offers cannabis culinary, the business of cannabis, pharmacy tech, and certified grower programs, including master’s degrees, Silva said. The courses are offered online through the Mitchell School of Business and Greenleaf University, but there are plans to work with Virginia Tech and other Virginia schools in the future, the report says. Upon graduation, 50 students will be selected to receive up to $10,000 each for their startup business. 

According to the Educapital website, to qualify for the program students must be at least 18-years-old, a U.S. citizen, permanent resident, DACA recipient, or hold an employment authorization card, low income, and “highly motivated to learn to begin a career in the cannabis industry.” Students must also maintain a “B” average or above, a 70% attendance rate, and meet any additional requirements outlined by the school. 

Educapital also offers scholarship opportunities for students in New York – a partnership with the New York Cannabis Association – and in New Jersey. 


Educapital write at their website


And how we fulfill it.

In today’s economy, employers’ demand for an educated workforce is steadily rising. Policymakers, education leaders, and communities across the country recognize the need to improve college attendance and success, but are constrained by tight budgets. Meanwhile students themselves face mounting college costs, and financial aid has not been able to keep pace.

Educapital Foundation provides opportunity for financially needy post-secondary students nationwide – without regard to race or religion – by offering scholarships to better, safer and values-based independent schools that help students to reach their full potential.



A simple but great idea.

In 2013, Educapital Foundation was begun by two visionaries with an inspired idea: that it is possible to materially and permanently improve the lives of the poorest of inner-city  students nationwide, by providing them with access to capital, and the superior and safer option of values-based schools.

Since that time, Educapital has provided thousands of scholarships for many of the most financially disadvantaged students, enabling them to attend accredited state and trade schools. These students have gone on to have productive careers, positively impacting their families and their communities. These remarkable results have been made possible through the support of many companies, schools, and individuals also seeking to make a difference in the lives of inner-city students.

MDRC researcher Lashawn Richburg-Hayes summarizes promising findings about performance-based scholarships that boosted academic achievement and retention rates at two New Orleans-area community colleges.

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