Since the fund’s inception, the CLF portfolio lists a roster of 65 companies—3 of which have at least one Black founder and 11 of which include at least one female founder.
With the crop of new efforts to target more support for Black founders, is it too early to begin applauding the change of heart when dedication and support have been lacking across the industry thus far?
Launched in New Orleans in 2016 by founder and serial entrepreneur Sevetri Wilson, the software as a service platform serves a two-sided market enabling grantors like cities, private foundations, and corporations to deploy capital quickly and efficiently, while giving nonprofits expanded tools for compliance, management, training, and funding.
Dawn Dickson, founder and CEO of PopCom—a technology platform for vending machines and kiosks—is raising her latest round of funding on the grounds that self-service and automation are the future of retail in a socially-distanced environment.
Join our Friday Office Hours with Thanh Nguyen of Connery Consulting and Long Term Stock Exchange on the 3 Alternatives to Layoffs that Can Strengthen Your Startup.
Recent data predicts that venture capital investments will decline significantly in 2020. However, a few investors are making pivots to help their portfolio companies sustain.
The transition to online programming is the least of Black tech accelerator operator’s concerns—it’s the challenges of ensuring investors and funders won’t undervalue diversity in the era of mass isolation.
The mental health movement is having a moment, and Black entrepreneurs are entering the space with wellness and mindfulness apps to help vulnerable populations get through these times.
Black businesses in Black communities aren’t benefiting financially from positive online reviews compared to their white counterparts. A new study from the Brookings Institution revealed that even the highest-rated Black businesses on Yelp located in Black neighborhoods earn less in revenue compared to poorly-rated non-minority-owned businesses in white communities.
The Knight recently awarded $1 million to 8 organizations to help boost local startup activity—but the greatest percentage of the grant dollars went to Black investor and ecosystem support groups.
