Rocket scientist Aisha Bowe will bring plant samples from Winston-Salem State University to the first Blue Origin all-female mission to space in the spring. Odyssey, WSSU’s space science and operations firm, will launch an innovative suborbital space experiment aboard Blue Origin’s All-Female Mission, NS-31, according to a press release. This is the HBCU’s first suborbital spaceflight experiment for the WSSU’s Astrobotany research program, which is part of the Department of Biological Sciences. Experiment for the Future of Space Agriculture and Food Security Students will analyze crop plants’ early molecular stress
CEO and co-founder Eric Collins of Impact X Capital Partners announced the final close of its latest fund. Illumen Capital, a BIPOC-led investment firm based in Oakland, California, and Basecamp Fund, a fund of funds investing in upcoming managers from London’s Phoenix Court, supported the fund, as stated by the Voice. This fund will help Impact X fulfill its commitment to tackling systemic barriers in venture capital by assisting underrepresented entrepreneurs in high-growth industries such as technology, healthcare, and targeted creative sectors. “This fund close is about more than capital—it’s
Meghan Markle has announced her new podcast about female founders. It will debut on April 8, exploring her journey as an entrepreneur and conversations with other female founders, as stated by People Magazine. The podcast, Confessions of a Female Founder, produced by Lemonada Media, follows Meghan’s Netflix series With Love, Meghan and the launch of her lifestyle brand, As Ever. Meghan Markle’s new podcast “I’m so proud of what we’re creating, and the candid conversations that I’m able to have with other female founders as we unpack the twists and
Entrepreneur and award-winning personality Tabitha Brown has become Clover’s first Chief Empowerment Officer. As a previous small business owner herself, this partnership highlights Brown’s dedication to supporting small businesses. “Small businesses are my passion. The equity in helping them is the joy you bring to someone’s household and community,” Brown said in a press release. “My goal is to always uplift and empower small businesses and encourage others to do the same in their communities. I’m overjoyed to work with Clover to do my part.” What is Clover? In the
Billionaire businessman and philanthropist Ulysses Lee “Junior” Bridgeman has died at the age of 71. After a well-respected 12-year career in the NBA, Bridgeman built a successful fast-food empire of over 450 restaurants and later acquired EBONY and Jet Magazine. Bridgeman’s death On March 11, Bridgeman suffered a medical emergency at a fundraising luncheon in Louisville, Kentucky. He later died. Bridgeman’s daughter Eden Bridgeman, EBONY CEO said “It is with profound sadness that I share the news of my father’s passing. During this time, my family and I respectfully request privacy as we grieve
Mastercard Foundation, an international nongovernmental organization, has ended its commitment to invest $100 million in 54 Collective, the most active investor in Africa. 54 Collective (formerly Founders Factory Africa) and Mastercard Foundation “will be pursuing different strategies moving forward, and the partnership will end on 30 April 2025,” the venture capital firm told Rest of World in an email. A setback for Africa’s most active investor On February 20, the leadership team of 54 Collective informed staff that the new changes would lead to layoffs as the firm would end
Calaxy, a Black-owned Web3 social marketplace, announced its $1 million fund to give creators more independence. The social marketplace, where users can produce more purposeful experiences to interact with their fans, was founded by tech entrepreneur Solo Ceesay and NBA star Spencer Dinwiddie. Calaxy, short for “The Creator’s Galaxy,” allows each creator to mint their own cryptocurrencies that their fans can buy to interact with their economy or trade value for a social media engagement. In 2022, it raised $26 million in strategic funding co-led by Animoca Brands and HBAR Foundation with
The non-profit We Are Enough (WAE) is hosting a new initiative, the 3.3.3 Challenge, which aims to inspire three million women to invest $3 billion over three years. The movement was created with a “gender lens” to help women expand their wealth, match their values, and build a world they want to see, as stated in a press release. What is We Are Enough? Founded by venture capitalist Tracy Gray, WAE educates women about investing, regardless of economic background. Gray is also the founder and managing partner of The 22 Fund, a
It’s difficult for Black female founders to get their foot in the door, especially when it comes to raising capital for their business. However, billionaire businessman Mark Cuban told ESSENCE that Black women shouldn’t necessarily be looking for funding. Instead, he believes they should take a different approach, one that he has personally followed in his own journey. Why should founders stop looking for funding? The Shark Tank investor spoke with ESSENCE at SXSW in Austin, Texas, ahead of his panel discussion on entrepreneurship with Tabitha Brown and entrepreneur Justin Fenchel.
DEI Under Fire is our monthly series that keeps you up-to-date on the latest DEI announcements and changes from the nation’s leading companies. This month, Reuters reported that some retailers, including Target, Amazon, and Tractor Supply, have ended their DEI initiatives in writing but are quietly maintaining select efforts, like funding LGBTQ+ Pride and anti-racism events and backing resource groups for underrepresented staff workers. Here are some of the latest changes we think you should know about. Remember to revisit this page throughout March for updates. Companies are listed in
