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Alabama A&M University students won the Ally Financial Moguls in the Making competition, each winning a $10,000 scholarship and an internship at the company. (Photo: Ally Financial)

Several historically Black colleges and universities students walked away with internships and thousands of dollars in scholarships after creating business plans that would solve Detroit-based problems in a competition. 

The second annual HBCU business plan pitch competition, called Moguls in the Making, was hosted Sunday by Ally Financial Inc., which is based in Detroit. Ally Financial partnered with the Thurgood Marshall College Fund and Big Sean’s the Sean Anderson Foundation to host the event. 

Excitement was shared virtually Sunday evening as teams from 11 HBCUs had the opportunity to