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The Executive Leadership Council Announces 2026 Scholars, Investing $1.5 Million in the Next Generation of Business Leaders

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One hundred scholars across 46 colleges and universities join a leadership pipeline built to strengthen business for decades to come

WASHINGTON, Oct. 1, 2026 /PRNewswire/ — The Executive Leadership Council (ELC) today announced its Class of 2026 Scholars, awarding $1.5 million in scholarships to 100 students from colleges and universities across the country.

The 2026 class represents 46 institutions and a broad range of academic disciplines, from computer science, data and cybersecurity to finance, engineering, business and supply chain management. Nearly three-quarters of the scholars attend Historically Black Colleges and Universities (HBCUs), continuing the important role these institutions play in preparing talent for leadership across business and industry.

“For nearly 40 years, The ELC has understood that strong leadership pipelines must be built intentionally,” said Michael C. Hyter, President and CEO of The Executive Leadership Council. “These scholars are already demonstrating the academic excellence, leadership and drive that will prepare them to make meaningful contributions to the companies and institutions they will one day serve.”

This year’s scholars also represent a broad cross-section of colleges and universities across the country, bringing perspectives shaped by HBCUs, public research universities and private institutions, with academic interests spanning business, finance, engineering, technology, healthcare, public policy and the humanities.

Twenty-five are studying computer science, information technology, data or cybersecurity; 22 are pursuing finance, investment or banking; 17 are studying business, management or supply chain; and 10 are pursuing engineering. Others are studying accounting, economics, marketing, communications, public policy and related disciplines.

“For many students, especially those who are the first in their families to attend college, a scholarship can change what is possible long after graduation,” said Leah N. Wade, Senior Director of Philanthropy at The Executive Leadership Council. “Every dollar a student does not have to borrow gives them a stronger financial starting point as they enter the workforce. It gives them greater freedom to make decisions about their careers, begin building assets and create the conditions for economic mobility. We want these scholars to begin their professional lives with momentum, and investing in them now gives them an important head start.”

Beyond the classroom, 95 percent of this year’s scholars have documented leadership experience on campus and 65 percent have completed internships, giving many of them meaningful professional experience well before graduation. Thirty percent are the first generation in their families to attend college.

The announcement comes as The ELC approaches its 40th anniversary and looks toward the next chapter of its work: ensuring that the leadership pipeline remains strong, prepared and capable of meeting the demands of an increasingly complex business environment.

As The ELC enters its fifth decade, the Class of 2026 reflects the continuity at the center of its mission. Strengthening leadership over time begins well before an executive title. It begins by identifying promising talent, investing in preparation and creating the relationships and experiences that allow leadership to develop.

For The ELC and its partners, it means the scholarship represents the beginning of a longer relationship with emerging leaders who are still building their experience, networks and understanding of what leadership requires.

Academic institutions represented this year include: Alabama A&M University, Bowie State University, Case Western Reserve University, Clark Atlanta University, Clark University, Coppin State University, Delaware State University, Dillard University, Duke University, Fayetteville State University, Fisk University, Florida A&M University, Georgia Institute of Technology, Georgia State University, Grambling State University, Hampton University, Howard University, Indiana University, Johnson C. Smith University, Louisiana State University, Michigan State University, Morehouse College, Morgan State University, North Carolina A&T State University, North Carolina Central University, Prairie View A&M University, Santa Clara University, Spelman College, Texas A&M University, Texas Southern University, Texas Tech University, The Ohio State University, Tuskegee University, University of Connecticut, University of Georgia, University of Houston, University of Maryland, College Park, University of Michigan, University of Missouri, University of North Texas, University of Pennsylvania, University of South Carolina, University of South Florida, University of Texas at Austin, University of Virginia and Xavier University of Louisiana.

The 2026 ELC Scholars are supported through the Alvaro L. Martins Legacy, Ann Fudge Signature, Becton, Dickinson and Company, Cencora, Ecolab, HSBC, Lowe’s Marvin R. Ellison Emerging Leaders, O L Toliver Voices of Power Signature, Ronald C. Parker Legacy and Synchrony Scholarships, as well as The Coca-Cola Foundation’s Award for Excellence in Business Commentary.

The ELC Marks 40 Years of Developing Leaders
Founded in 1986, The ELC is celebrating its 40th anniversary in 2026, marking four decades of developing leaders who perform at the highest levels of business and strengthening the leadership pipeline that sustains that excellence.

The 2026 ELC Recognition Gala will take place Friday, October 30, at the Gaylord National Resort & Convention Center in National Harbor, Maryland. Hosted by Emmy Award-winning television journalist and Entertainment Tonight co-host Kevin Frazier, the black-tie celebration will feature a special musical performance by 10-time GRAMMY Award winner Chaka Khan. The Gala is the signature fundraising event of The ELC’s 2026 Gala Week, October 28–31, which will bring together more than 3,000 members, students, senior executives and business leaders as The ELC celebrates its 40th anniversary.

Gala Week is designed to span the leadership journey. The Honors Symposium connects ELC Scholars with senior executives and hiring managers as they prepare to enter the workplace. The Mid-Level Managers’ Symposium develops high-performing professionals preparing for greater leadership responsibility. Corporate Board Navigator helps ELC members prepare for corporate board service.

About The Executive Leadership Council
The Executive Leadership Council is an independent non-profit founded in 1986 that opens channels of opportunity for the development of global executives to positively impact business and our communities. Learn more here.

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SOURCE The Executive Leadership Council

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LoanBud Launches LoanBud Acquire™ to Expand Financing for Main Street Business Acquisitions

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New non-SBA program offers $100,000 to $350,000 in financing for qualified buyers acquiring established small businesses.

NEW YORK, Oct. 1, 2026 /PRNewswire/ — LoanBud today announced the launch of LoanBud Acquire™, a new non-SBA business acquisition financing program offering $100,000 to $350,000 in financing for qualified buyers acquiring established, cash-flowing small businesses.

LoanBud created the program around a problem it sees in the market every day: smaller business acquisitions can be disproportionately difficult to finance. Many lenders prioritize larger credits, while smaller transactions may not fit every SBA or conventional lending program. That can leave qualified buyers and viable businesses with fewer financing paths, even when the underlying transaction makes sense.

“A $250,000 acquisition matters just as much to the buyer, the seller and the employees as a multimillion-dollar transaction,” said Burke Purcell, Founder and CEO of LoanBud. “But smaller acquisitions can be harder to finance because many lenders tend to prioritize larger transactions. LoanBud Acquire™ gives qualified buyers another path to ownership and helps more good Main Street businesses continue under a new owner.”

LoanBud Acquire™ complements LoanBud’s existing SBA business acquisition financing capabilities. By adding a non-SBA option, LoanBud can evaluate an acquisition across multiple potential financing paths rather than trying to fit every transaction into a single program.

That flexibility can be especially important in a business sale, where financing uncertainty creates friction for the buyer, seller and broker. Earlier clarity on whether a transaction has a viable financing path can help all parties move forward with greater confidence.

LoanBud Acquire™ program highlights include:

$100,000 to $350,000 in financingMinimum 15% buyer equity contributionDesigned for acquisitions of established, cash-flowing businessesNo real estate collateral requirementFinancing available for eligible business purchase costs and approved transaction expensesTargeted closing timeline of less than 30 days for qualified transactions

“We do not believe every acquisition should be forced into one financing box,” Purcell said. “Our job is to look at the transaction, identify the most realistic financing path and help the buyer, seller and broker get to a clear answer faster. LoanBud Acquire™ gives us another way to do that for smaller Main Street transactions.”

LoanBud Acquire™ is available now. Qualified buyers and business brokers can learn more at LoanBud.com or apply at apply.loanbud.com.

About LoanBud

LoanBud helps existing business owners access growth capital and helps entrepreneurs finance business acquisitions. By combining technology, experienced lending professionals and a nationwide network of lending partners, LoanBud provides access to SBA and conventional financing for acquisitions, growth, real estate, debt refinancing and working capital. LoanBud is focused on making small business financing faster, clearer and easier to navigate.

For more information, visit LoanBud.com.

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SOURCE LoanBud

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McKool Smith Named 2026 IP “Litigation Department of the Year” by Texas Lawyer

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DALLAS, Oct. 1, 2026 /PRNewswire/ — McKool Smith has been named Intellectual Property “Litigation Department of the Year” at the 2026 Texas Legal Awards, presented by Texas Lawyer. The Texas Legal Awards honor the attorneys and law firms making a lasting impact on the Texas legal landscape, from groundbreaking case wins to innovative legal strategies. Winners were celebrated at the awards ceremony on September 30 in Dallas.

The firm recognition reflects a track record of success in high-stakes IP disputes. In the Eastern District of Texas, Austin Principal Steve Pollinger, as lead counsel, along with Marshall Principal Jennifer Truelove, won a $192 million verdict for Mojo Mobility against Samsung on wireless charging patents that was held in full at final judgment. Jennifer also served as co-lead trial counsel on a willful infringement verdict for Pictiva Displays against Samsung on OLED display patents. At the U.S. International Trade Commission (ITC), the firm’s campaign for Nokia against Hisense ended in a global license resolving the dispute in every jurisdiction.

The department’s recent results also include a stretch of significant trial wins for Dallas Principal Warren Lipschitz, a finalist for Intellectual Property Attorney of the Year. In August 2026, he co-led a team in securing a complete defense verdict for AT&T, Verizon, T-Mobile, Ericsson and Nokia in a consolidated 5G patent trial in the Eastern District of Texas, defeating $436 million in claimed damages. The jury found no infringement, invalidated all nine asserted claims, and held that the plaintiffs had breached their own FRAND obligations. That verdict followed back-to-back 2025 defense wins Warren co-led against Daingean Technologies, also in the Eastern District, cutting a $245 million demand against T-Mobile to $2 million and then winning a verdict of no infringement for AT&T. On the plaintiff side, Warren secured an ITC Initial Determination for Nokia that Amazon infringed five of seven asserted patents, and Nokia reached a settlement with Amazon shortly thereafter.

With more than 130 trial lawyers across offices in Austin, Dallas, Houston, Los Angeles, Marshall, New York, and Washington, D.C., McKool Smith has established a reputation as one of America’s leading trial firms. The firm has secured 18 nine-figure jury verdicts and 16 eight-figure jury verdicts, obtaining more VerdictSearch and The National Law Journal “Top 100 Verdicts” than any other law firm. McKool Smith represents clients in complex commercial litigation, intellectual property, bankruptcy, and white-collar defense matters.

View original content:https://www.prnewswire.com/news-releases/mckool-smith-named-2026-ip-litigation-department-of-the-year-by-texas-lawyer-302896389.html

SOURCE McKool Smith

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Custom Home Builder Selection in Lexington SC Guidance Outlined in HelloNation Featuring Home Building Expert Jennifer L. Gerben Nettles

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The article explains how early consultation with a builder can help evaluate land suitability, site conditions, and construction costs before purchasing property.

LEXINGTON, S.C., Oct. 1, 2026 /PRNewswire/ — Do prospective homeowners need to own land before hiring a custom home builder in Lexington, South Carolina? HelloNation addresses that question in a HelloNation article that explores how early collaboration with a builder can help guide land selection and project planning.

The HelloNation article explains that many buyers assume they must purchase land before contacting a custom home builder Lexington SC professional. In practice, involving a builder earlier in the process can offer important advantages. Builders can help assess potential properties and identify factors that may influence construction feasibility, costs, and design options before a purchase is finalized.

One of the first considerations discussed in the article is the building potential of the land itself. Not all lots offer the same conditions for residential construction. Soil composition, grading, and topography can significantly affect how easily a home can be built. The article notes that a lot that appears ideal at first glance may require extensive excavation, retaining walls, or drainage work, all of which can increase project costs.

Evaluating site conditions before purchasing land can help homeowners avoid unexpected challenges later in the building process. According to the article, builders can conduct early assessments to determine whether the lot can accommodate the desired home design. Home Building Experts explain that this evaluation helps identify potential construction limitations and provides a clearer picture of the work required to prepare the site.

Utility access is another major factor that may influence whether a lot is suitable for a custom home Lexington SC project. The article describes how water, sewer, electricity, and internet service are not always readily available on undeveloped parcels of land. Connecting a property to these utilities may involve additional infrastructure work, which can increase both cost and project timelines. Builders who understand local infrastructure can help estimate the feasibility and expense of utility installation before a buyer commits to purchasing a property.

Lot shape and size can also affect design possibilities and construction costs. The HelloNation article explains that narrow or irregularly shaped parcels may limit the placement and layout of a home. Builders can provide guidance on how to adapt architectural plans to fit the property while still meeting the homeowner’s functional and aesthetic goals. This type of planning ensures that the home design works within the constraints of the lot.

Budget planning is another reason the article recommends early consultation with a custom home builder Lexington SC professional. Builders can provide preliminary construction estimates that account for site preparation, grading, permits, and other development requirements tied to a specific lot. This information helps prospective homeowners determine whether a property aligns with their financial plans before making a purchase.

The article also discusses how early collaboration can streamline the permitting and planning process. Builders with experience in Lexington understand local zoning regulations, setback requirements, and building codes that influence how a home can be placed on a lot. Home Building Experts explain that reviewing these regulations early can prevent costly redesigns or delays later in the project.

Working with a builder during the land selection stage also allows homeowners to compare multiple properties more effectively. By reviewing site conditions, infrastructure access, and potential construction challenges, buyers can make more informed decisions about which lot best supports their vision for a custom home.

The HelloNation article emphasizes that purchasing land first is not always required when planning a custom build. Instead, involving a builder early in the process can create a smoother path from property selection to construction. Evaluating grading requirements, infrastructure availability, and lot suitability ahead of time helps homeowners avoid surprises and better align their plans with realistic construction expectations.

Do You Need Land Before Hiring a Custom Home Builder? features insights from Jennifer L. Gerben Nettles, Home Building Expert of Lexington, South Carolina, in HelloNation.

About HelloNation
HelloNation is a premier media platform that connects readers with trusted professionals and businesses across various industries. Through its innovative “edvertising” approach that blends educational content and storytelling, HelloNation delivers expert-driven articles that inform, inspire, and empower. Covering topics from home improvement and health to business strategy and lifestyle, HelloNation highlights leaders making a meaningful impact in their communities.

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SOURCE HelloNation

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