The University of California and black colleges are creating a pathway for black students to attend business school. Called the UC Summer Institute for Emerging Managers and Leaders, the program is geared to boost minority attendance in its graduate business programs.

The all-expensive paid fellowship program is a two week program for two consecutive years. While students from all majors at historically black colleges and universities are welcome to apply, they must possess and interest and experience in business. Participants meet with some of the leading CEOs and CFOs in the nation and take summer classes dealing with business development and entrepreneurship as network with their peers. At the end of the second program session, the students will receive a Certificate of Completion as an emerging manager and leader in business.

The LA Times reports that UC Berkeley’s Haas School of Business will host the inaugural round of students. This summer the 25 selected students will visit UC Berkeley and five other UC campuses. The $125,000 budget for the fellowship was sponsored by Anthem Blue cross and Wells Fargo, as well as donations from other corporate and private entities. Fundraising for next year’s session has already begun.

The deadline for the summer program is March 30. More information can be found on UC’s website.