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Break into Tech

In the US, accelerators like Techstars and Y Combinator are the most active investors in Black founders, followed by early-stage investors like Backstage Capital and Kapor Capital that focus on diverse founders. As we already know, Black founders often get a small portion of the pie when it comes to investment – which is why it’s essential to highlight the VCs dedicated to investing in minority communities and those who have a history of supporting under-appreciated groups. We’ve sifted through a list created by the Black Founders list of VC firms across the US that

Cash App has launched Cash App Studios, which allows the mobile payment service to invest in creators’ projects. Creatives include artists, designers, directors, and musicians. In an official statement, Brian Grassadonia, lead at Cash App, said: “We’ve long upheld the importance of artistic expression at Cash App. With the introduction of Cash App Studios, we’ll continue to support the artist’s freedom, both financially and creatively. “In keeping with our guiding principle of economic empowerment, we are excited to support emerging artists who are limitless in their vision with this new program.” Artists

Clubhouse has added a new “music mode” on its app – giving musicians who play live on the social network their own special set of tools to optimize sound quality. The feature will hit iOS first before rolling out to Android. The company said the new feature would allow users to “broadcast with high quality and great stereo sound” — giving listeners a rich listening experience. It added that music mode will also make it possible to hook pro-level audio equipment like mixing boards and mics into Clubhouse. This is

Looking back, I was generally pretty good at school because, to me it was a simple bargain. You go to this location every weekday, listen to someone older than you teach, then on your own time, you optionally need to study the concept and apply them to tests. I was a straight-A student, and it quickly became a point of pride for me and people who knew me. I was considered “smart,” but looking back, I can see that I was mainly regurgitating facts and logic. Lucky for me, this all

Award-winning Canadian choreographer, Laurieann Gibson, has joined forces with Los-Angeles based Cinedigm to launch the BOP (Born Out Of Passion) Network.  BOP will be the only destination for 24/7 access to premier dance content, which includes documentaries, licensed movies, musicals, music videos and series. It will be the first multimedia streaming service offering an all-inclusive slate of global dance-related programming. The network will also feature scripted and non-scripted original content as well as dance tutorials led by Gibson, her peers, and other industry influencers. In an official statement – Chris McGurk, Chairman & CEO

Kave Bulambo, who grew up in South Africa before moving to Berlin, noticed the lack of diversity in tech in the European nation when she first landed a role in the sector. But it was when she realized that she also had just one Black engineer at her own start-up that she decided action seriously needed to be taken. That’s when she launched “Black in Tech Berlin,” a network surpassing more than 600 Black people in the tech and business sector – from founders, software engineers to designers. Before the

BITCON 2021‘s virtual event kicks off this Wednesday and the conference will feature some of the Black community’s tech icons – from cryptocurrency to cybersecurity. Arlan Hamilton, Judy Smith, Sherell Dorsey, Simon T.Bailey, and Kanika Tolver are among the list of speakers lined up to give away gems to those keen on trailblazing in the industry. A total of 3% of workers at the top 75 technology companies identified as Black and Black founders received just 3% of all US venture capital in 2020. BITCON hopes to change these numbers. The

Fiverr — an Israeli online freelancer platform —has awarded five Black start-up firms $24K through its Future Collective Fellowship Program to help expand their business. The business accelerator is a fellowship for Black entrepreneurs, and five businesses were selected for the program’s inaugural class, and each will receive $24,000. The program is also backed up by 1863 Ventures, a Black-led and D.C.-based nonprofit organization, and Maestra, a women of color-owned business strategy firm, according to Afrotech. “Fiverr’s purpose is to provide anyone, no matter their race, religion, background or beliefs, the opportunity

Emory University is ready to shake up the VC world with its first student-run venture capital fund focused on minority entrepreneurs. The Peachtree Minority Venture Fund (PMVF) was launched at The Roberto C. Goizueta Center for Entrepreneurship and Innovation at Emory University’s Goizueta Business School. The fund, funded by the Goizueta Business School endowment, was made to support Black, LatinX, and Native American entrepreneurs.  It currently has $1M in assets under management, and students are responsible for souring companies, conducting due diligence, and making investment recommendations to the Peachtree Investment Committee, reported

A group of students, who created a machine to predict increases in rent and utility costs at a particular address over time, were awarded thousands by real estate marketplace Zillow during the HBCU Housing Hackathon. The competition, where more than 150 students from Historically Black Colleges and Universities (HBCUs) have to think of an innovative idea to win the top prize, has officially come to an end. Each student had to bring an innovative idea to life to help at-risk renters and struggling first-time home buyers. A total of 49 teams from 17

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