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Isoken Igbinedion was just 10 years old when she had a “very dangerous encounter” with chemical relaxers that caused her natural hair to fall out. After this experience – she then went on to spend the next 20 years using extensions to give her hair a chance to regrow and in that time, she realized how much friction there was in the hair products and services market. Now at 30-years-old, she’s the CEO of Parfait, a Black-owned company that uses AI and facial recognition technology to provide custom wig products

Frustrated by the lack of inaction by many traditional VCs, some investors are trying to change the system and close the funding gap. Here we have a list of investors who are mobilizing and deploying capital, building economic power beyond the 1%. While not all of these VCs are 100% focused on funding underrepresented founders, they say they are inclusive and intentional about investing in founders who are women, Black, Indigenous, People of Color, LGBTQ+, over 50, and people with disabilities.  The majority of the list, first created by Allyson

Melissa Pegus has been chosen as the Managing Director for Techstars Atlanta Powered by J.P. Morgan, the latest accelerator to open up in the city.  The new program, backed by an $80 million investment by J.P. Morgan, will support diverse entrepreneurs across the country. While the program is open to founders of all backgrounds, it is designed to provide equitable access to funding and support for Black, Hispanic and Latino, Indigenous American, and Pacific Islander entrepreneurs. In the first half of 2021, Black entrepreneurs received just 1.2 percent of U.S. venture capital funding. Additional data show

Raising venture capital is a daunting experience for Black women as both the UK and US startup ecosystems fail Black entrepreneurs with innovative ideas. Furthermore, it’s clear that an entrepreneur’s ethnicity can affect their access to VC in the UK, with Black founders receiving just 0.24% and Black female founders receiving 0.02% of the total venture capital invested over the past 10 years. And before 2021, only 93 Black female founders in the US had raised $1 million or more in venture capital, according to ProjectDiane, a biennial report on the

Morgan Stanley’s recent panel discussion to mark Black History Month—featuring three alumni from our in-house accelerator for women and multicultural entrepreneurs—explored issues of access to funding, the Black wealth gap, and other challenges unique to Black founders. The conversation, entitled “A Founder’s Journey: Lessons in Resilience, Vision and Innovation,” moderated by Executive Director LaToya Wilson – included Tiffanie K. Stanard, founder, and CEO of Stimulus, a relationship intelligence SaaS platform that uses data and analytics to simplify how companies make purchasing decisions. B.J. Wiley Williams, founder and CEO of SoHookd, a wellness

Investors will be with you for a long time – and ending the relationship can be harder than getting a divorce, says June Angelides, a business owner, venture capitalist, and columnist. Before we discuss the business tips she’s shared in her most recent FT column. Here’s a breakdown of who she is for those of you who don’t know. Angelides was raised in Lagos, Nigeria where she had an early introduction to entrepreneurship through her family. Her uncle Ben Murray Bruce founded Silverbird, the first cinema in Nigeria. She recalled in an interview

According to U.S. Labor statistics, as of December 2020, the global talent shortage amounted to 40 million skilled workers worldwide. By 2030, the global talent shortage is expected to reach 85.2 million—сompanies worldwide risk losing $8.4 trillion in revenue because of the lack of skilled talent. But the reality is more complicated than just a shortage of developers. The problem also has a lot to do with how most companies hire developers. A 2017 Indeed survey found that 80% of U.S. tech managers have selected a candidate who has graduated from a coding boot camp

Across industries, there’s a growing demand and prevalence of mentorship programs, but for people of color who are carving their own paths, mentors remain difficult to find. Science, technology, engineering, and math (STEM) careers are among the most valuable, fastest-growing, and highest-paying in the country, yet Latinas account for only 3% of the industry. That’s why we want to make sure you have the right resources and knowledge to help you land your dream gig. Latinas in Tech was founded in 2014 by Gretel Perera and Rocío Medina with the hopes of creating

The climate of today means if you want to reach a widespread audience you need to utilize social media. One key tool for founders and those looking for new tech opportunities is Linkedin – it’s the place to go for job offers, meeting potential investors, building your company and personal brand, and networking. With more than 774 million members and its focus on business, LinkedIn offers a valuable opportunity for industry professionals to support their businesses marketing goals. From my experience, it seems to be the best place for building connections with

When creating a startup, you go through a few hurdles along the way – from financial challenges to picking the right co-founder that will help spearhead the company with you. It’s never an easy journey, and you should never believe anyone that tells you otherwise, so it’s always essential to have a mentor or an advisor who can share their mistakes and lessons – so you don’t make the same errors. Unfortunately, not everyone has the privilege of landing a mentor or sponsor that will give you the time of

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