Pharrell Williams and Chanel are collaborating once again, this time to launch a mentorship program for Black and Latinx entrepreneurs.The «Happy» singer and his non-profit initiative, Black Ambition, teamed up with the brand to work toward closing the opportunity and wealth gap by investing capital and resources in start-ups founded by Black and Latinx HBCU students and entrepreneurs.This summer, Black Ambition will sponsor two competitions where contenders will have the chance to take home the