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Diversity & Inclusion

From a mere idea to becoming the chosen social media platform for many, Spill is on the road to becoming one of the most inclusive social platforms.  Earlier this week, founders Alphonzo Terrell and DeVaris Brown announced the close of their $2.75M pre-seed funding round for the social platform Spill.  The pre-seed funding round  Even though Black founders tend to go unnoticed when seeking venture capital funding for their business, Terrell and Brown were able to sell their business model to investors in just 10 minutes.  The funding round, which was co-led by MaCVentureCap and Kapor Center, also

Employers continued to make progress in addressing anti-Black racism last year, but Black Canadians worry that a recession could wipe out those gains, finds a new survey. In KPMG in Canada’s survey of more than 1,000 Black Canadians, 9 in 10 felt their employers had made progress on efforts to be more equitable and inclusive for Black employees in 2022. Most also said their companies had hired and promoted more Black people, and noted improvements in their own career and promotion prospects.  Black Canadians also reported improvements in their workplace

Fintech companies in Nigeria are rapidly growing. In Q1 last year, funding for African startups hit a new record, with approximately 89% of all funding allocated to fintech startups in the region.  Nigeria is one of many African countries working to make financial services accessible to everyone. As smartphone users grow and digital IDs become the norm – all eyes are on fintech startups to pave the way for financial inclusion in Nigeria. Nigeria’s mission to achieve financial inclusion  A quick Google search will tell you that there are at least 150 fintech

Have you ever wanted to try a new hairstyle but can’t find the exact look or hairdresser you want? Growing Hands is the app that aims to streamline this process for all. Teacher turned tech entrepreneur JerDrema “Dreme” Flynt is on a mission to make managing Black hair a more enjoyable experience. Growing Hands allows users to personalize their hair mood to get the hairstyle they want. Once created, users can directly connect to different hairstylists to bring their vision to life. Growing Hands can be described as a mixture

According to Her Agenda, for the first time in Fortune’s 68-year history, women are leading more than 10% of Fortune 500 companies.  A historical moment for women in business   The report shows that this milestone was reached after five new women began their roles as CEOs of Fortune 500 companies – pushing the percentage balance to 10%. “Women as CEOs isn’t an oddity anymore,” said Jane Stevenson, global leader for the CEO succession practice at Korn Ferry.  “It’s not the majority, but it’s not an oddity. So, 10% makes it more

It is easy to see the recent tech layoffs as businesses simply restructuring and cutting funds where they see fit. However, it is crucial for us to remember that behind every job cut is the new reality of someone’s life. Being Black in the workplace A recent TikTok video of a Black woman sharing her pain and frustration after being laid off from her job has triggered an all-too-familiar feeling amongst Black professionals.    YouTuber and TikTok user @aestheticsconash posted a video on her social media shortly after being fired

Why wait for Black History Month to celebrate Black talent? According to Zippia, Black people comprise 13% of NASA’s workforce, each playing a significant role in astronomy and space exploration. Here are some of them. Dr. Christian Braneon – Climate Scientist Dr. Christian Braneon was a climate scientist and civil engineer at NASA’s Goddard Institute for Space Studies (GISS) from 2017 to 2022. Dr. Braneon co-leads the Environmental Justice and Climate Just Cities Network (EJCJC) at Columbia University’s Earth Institute and serves as Co-Chair of the New York City Panel

Two years after the Big Tech companies pledged to fight racism, Black and Brown employees still bear the brunt of recent layoffs sweeping the industry.  DEI teams are shrinking rapidly – here’s why.  Hiring for DEI roles first ramped up during Black Lives Matter protests in 2020. Tech companies pledged to boost their diversity efforts. According to Bloomberg, listings for DEI jobs have now dropped by 19% – a more significant drop than human resource or legal jobs.  Many Big Tech companies that pledged to boost their diversity efforts have

Amazon Web Services (AWS) has launched an educator-enablement program at its Machine Learning University to help HBCUs and other minority-serving institutions teach the ins and outs of AI.  Artificial intelligence has become one of the fastest-growing skill sets across multiple industries. Despite this, AI is still out of reach for many students, especially Black and Latinx students.   AWS Machine Learning University program aims to help HBCUs and other institutions serving historically underserved and underrepresented students to deliver courses in next-gen tech. “We need the best minds from all backgrounds entering these fields [database,

Female and Latinx-founded fintech company, Mendoza Ventures, has taken a massive step in its move to invest in underrepresented startups.   Bank of America’s Investment  Mendoza recently achieved a first close on its third $100M fund to further their work to support startups founded by diverse founders.   The fund, led by Bank of America (BofA), included Grasshopper Bank alongside multiple other investors. The anchor funding comes from BofA’s commitment to making capital much more accessible to founders often overlooked by investors.  “Mendoza Ventures is at the forefront of supporting innovation and

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