BDC commits $250M to help Indigenous and Black-led businesses – Winnipeg Free Press AdminJune 19, 2024062 views MONTREAL – The Business Development Bank of Canada is committing $250 million to help Indigenous and Black-led businesses. The money comes as BDC also creates a new inclusive entrepreneurship team.… Read more
Black-Led Startups Struggle As Venture Funding Dips Below $1 Billion – culturebanx AdminApril 18, 2024063 views By Jennifer Mathews Venture funding for Black-founded startups has fallen below $1B for the first time since 2016 Funding for Black-founded startups dropped 71%, despite a 37% decline in total… Read more
Benjamin Crump leads appeal for black-led grant program embroiled in civil rights controversy AdminDecember 13, 2023072 views By stacey jackson 13 December 2023 The American Alliance for Equal Rights sued the Fearless Fund, arguing that funding reserved for black women violated civil rights laws. Legal representatives of… Read more
Sallie Mae Acquires Key Assets of Black-Led Scholly, Scholarship Search App AdminSeptember 5, 2023091 views Sallie Mae has announced it has acquired “several key assets” of Scholly, a popular scholarship search app. Following the acquisition, Sallie Mae will make Scholly free for all students, families,… Read more
Exclusive: Black-led Telecoms Firm Inks Major ‘Black History Month’ Deal with Best Buy AdminJune 30, 2023063 views A Texas-based telecommunications startup has sealed a groundbreaking deal with Best Buy to create a limited-edition of cell phone cases to celebrate the historical achievements of African Americans. The Pivet… Read more
Black-Led VC Firm Harlem Capital Raises £134 million AdminJune 28, 20230101 views Diversity-focused venture capital firm Harlem Capital has announced raised it has raised $134 million for its second fund — significantly above its initial target of $100 million and its initial… Read more
Black-Led FounderTribes Secures Major Strategic and Investment Partnership Deals AdminJune 27, 2023077 views Black-led startup FounderTribes has just inked major strategic and investment partnerships with a leading HBCU and key players in the business and entrepreneurial ecosystem. The fast-growing startup has joined forces… Read more
Black-led VC fund aims to even the playing field for minority health-tech startups AdminApril 16, 2023091 views Black-led VC fund aims to even the playing field for minority health-tech startups Source link Read more
This Black-Led VC Firm Raised $58.1M to Help Employees of Color Gain Ownership of the Companies They Work For AdminApril 10, 2023052 views They’re making the transition to entrepreneurship an easy one! Apis & Heritage Capital Partners (A&H) recently closed their first investment fund at $58.1 million, Essence reports. This Black-led venture capital firm plans to tackle… Read more