Howard University PhD candidate Howard Prioleau has become the first student from a Historically Black College or University (HBCU) selected for the prestigious Google PhD Fellowship. The program supports exceptional graduate students advancing innovative research in computer science and related fields. Prioleau’s research focuses on using Natural Language Processing (NLP) to improve healthcare outcomes. A Passion Ignited Early Prioleau’s interest in technology dates back to childhood, inspired by early encounters with Google’s innovations, according to a press release. A defining moment came when he accidentally installed ransomware on his family’s
Intrapreneurship—the practice of creating ventures within existing organizations—could help bridge the resources gap Black founders face, recent new research suggests. Intrapreneurship: A Safer Space for Innovation While Black and white entrepreneurs start businesses at similar rates, Black-founded ventures are only half as likely to achieve financial viability. New research by Olenka Kacperczyk (London Business School) and Tiantian Yang (Wharton) shows Black intrapreneurs achieve financial outcomes nearly equal to white peers, with just a 2% gap over five years. One key factor? Researchers note that employers are already familiar with their
9fin, a London-based debt market intelligence startup, has secured $50 million in Series B funding led by Highland Europe, a prominent growth capital investor. As first reported by The Financial Times, this latest funding is expected to drive 9fin’s expansion, particularly in the United States, where the company’s growth is accelerating. It also marks a milestone in 9fin’s journey, bringing total funding to nearly $90 million since its inception in 2016. Aiming for Billion-Dollar Revenues Co-founded by Huss El-Sheikh and Steven Hunter, 9fin began as a response to the lack
Rebekah Kasumu is on a mission to level the playing field for first-time fund managers. With over 15 years of experience in private markets, she recently launched Flourish Partners, a firm dedicated to helping emerging fund managers navigate the complex world of launching and growing their funds. A Career Built on Experience Kasumu’s track record spans leadership roles at top-tier firms. Before starting Flourish Partners, she worked as Partner and Head of Finance at Localglobe, managing over $2 billion in assets across more than 15 funds. She also led finance and
Startup Noir NOLA is setting a new standard for empowering Black entrepreneurs and investors in New Orleans. This initiative, launched by Greater New Orleans Inc. (GNO Inc.), provides resources and opportunities to support the success of Black-led startups in a region brimming with potential. With access to networking events, educational sessions, and strategic mentorship, the program aims to address the systemic barriers that often hinder access to capital and connections. Closing the Funding Gap Despite the growth of venture capital, Black founders continue to receive only a fraction of total
LeapFrog Investments, a private equity firm with a focus on impact-driven investments, has closed its fourth fund, raising $1.15 billion to fuel financial services and healthcare in emerging markets. The milestone includes $808 million in primary commitments and $210 million allocated for co-investments. This fund aims to reach millions of underserved consumers in Africa and Asia with transformative services. Expanding the Reach of Impact Investing The Fund IV investor lineup includes leading global institutions like Temasek, Prudential Financial, and AIA, alongside development finance powerhouses such as the European Investment Bank
Howard University has announced a record-breaking 36,000 applications for the 2024-2025 academic year, marking an unprecedented surge in interest, as first reported by Bloomberg. This trend mirrors a broader revival for historically Black colleges and universities, with more students seeking out schools that affirm their cultural identity while offering academic rigor. HBCUs See a Renaissance HBCUs are experiencing a significant surge in applications and enrollments after years of decline that mirrored national trends. Schools like Spelman College, Morehouse College, and Morgan State University reporting record numbers of applicants. Spelman, for
Google’s Black Founders Fund (BFF) has helped startups across Africa and Europe raise $379 million in funding and create over 6,000 jobs collectively. This marks a turning point for Black-led startups, which have historically faced limited access to capital and support, attracting less than 1% of global venture capital. Non-Dilutive Funding Accelerates Growth Established in 2020, the BFF addresses systemic racial inequities in venture capital. The program offers equity-free funding, mentorship, and resources tailored to Black entrepreneurs. So far, over 220 African startups have benefited, with their growth rates surpassing
Cleo Capital, an early-stage venture firm, has announced a cybersecurity accelerator program aimed at addressing the growing epidemic of online threats, as first announced by TechCrunch. The 12-week remote initiative seeks to support pre-seed and seed-stage companies worldwide, offering $250,000 in funding for a 7% equity stake. Applications are open until January 20, with the program starting on February 24. Tackling Cybercrime with Innovation Sarah Kunst, founder and managing partner of Cleo Capital, was inspired to create the program after witnessing the rising tide of fraud in industries like crypto,
At just 12 years old, Alyssa Awuah has become the youngest-ever winner at the PRECIOUS Awards, a platform celebrating the achievements of Black women and girls in the UK. Alyssa, the Co-Founder and “mini-CEO” of Frobelles—a dress-up game empowering kids to embrace afro hair—was awarded Young Entrepreneur of the Year at the event sponsored by Santander and supported by the Joseph Levy Foundation. Frobelles Game Champions Afro Hair Frobelles was born from Alyssa’s curiosity as a six-year-old, asking her mother, Yvonne Ottley, why none of her game characters resembled her
