Tech-based startup Remoteli connects African professionals with companies seeking to build a more diverse, skilled workforce. According to their CEO, Samuel Brooksworth, “Africa’s most educated generation has emerged from schools and universities.” Despite this, over one-third of the continent’s 420 million 15-35-year-olds are unemployed. According to Forbes Africa, the market for remote workplace services is set to grow from $20.1 billion in 2022 to $58.5 billion by 2027. Founding Remoteli London-born Ghanaian Samuel Brooksworth saw a gap in the market for a platform that could connect businesses with individuals from
As Black-owned businesses face increasing financial pressures during and after the startup stage, many of them have sadly had to close their doors. The state of Black entrepreneurship Black Americans are among the most entrepreneurial groups in the nation, with 1 in 5 Black people in the US starting their own business. From 2017 to 2020, the nation witnessed a remarkable 13.64% surge in the number of Black-owned businesses. Black-owned firms brought in an estimated $141.1 billion in gross revenue in 2020 – an impressive 11% increase since 2017. In
The Mercedes-AMG PETRONAS Formula One (F1) team, fronted by seven-time world champion Lewis Hamilton, is expanding its Accelerate 25 program. The mentorship program launched in 2020 in partnership with the Association for Black and Minority Ethnic Engineers (AFBE-UK) and other organizations and is preparing to welcome its second cohort of students. Accelerate 25 Accelerate 25 is a five-year program that marked the formalization of Mercedes’ vision to become a more diverse and inclusive team. To begin the new Accelerate 25 program, they aimed to raise their entry standards and, until
Black tech entrepreneur Dedren Snead has soft-launched Subsume Studios in an Atlanta downtown hub, Underground Atlanta. According to Black Enterprise, Snead’s vision is to build a ‘Black Pixar’, revitalizing tourist attraction to promote art, culture, and technological advancement within the city. Naming the studio as “the world’s first Afrofuturism lab,” his mission with this space is to build “a template for the solutions of tomorrow.” Dedren Snead Snead is a writer, artist, game developer, creative consultant, emerging technologist and futurist from Atlanta, Georgia. He uses graphic novels, animation, gaming and
The MIT 35 Innovators Under 35 is a yearly opportunity to look at where technology is, where it’s going, and who’s taking it there. With more than 500 people nominated annually, the editors pick the most promising to reach the next round. Then, each candidate’s work is evaluated by a panel of expert judges. This year, many people of color are featured in the list of 35. Here, we’ve listed some of the Black innovators that made the MIT 2023 Under 35 List. Daniel Omeiza 31-year-old Omeiza is working to
This Hispanic Heritage Month we are spotlighting the Hispanic and Latine people shaping the tech world. What is Hispanic Heritage Month? National Hispanic Heritage Month is from September 15 to October 15, and it celebrates the histories, cultures and contributions of American citizens whose ancestors came from Spain, Mexico, the Caribbean and Central and South America. The celebration started in 1968 as Hispanic Heritage Week under President Lyndon Johnson and was extended to 30 days in 1988. It was enacted into law on August 17, 1988, on the approval of
Black 10-year-old Ava Simmons has partnered with retailers across the US and Canada to launch her Team Genius Squad STEM toy line. Team Genius Squad Team Genius Squad is a movement and an aspiring brand created by 10-year-old Ava, also known as the STEM Princess. Their mission is to promote Science, Technology, Engineering and Math (STEM) awareness, encouraging individuals to believe in themselves, to identify their uniqueness, and to pursue their goals. They design STEM-inspired products such as Experiment Lab Kits, Jewelry, Lip Gloss, Puzzles and Apparel whilst developing fun
ELSA, the tech company that teaches English through speech recognition and machine learning, has raised $23 million in a Series C fund. ELSA ELSA – English Language Speech Assistant – is an engaging app to help users improve their English pronunciation. It started when Vu Van, CEO and co-founder of ELSA, left Vietnam to pursue an MBA and Master’s in Education at Stanford University. According to ELSA’s website, Vu was confident in her English vocabulary but knew she had a strong Vietnamese accent. Her professors and classmates could not always
This article was first published by Lindsey Redd on Medium. Over the past couple of weeks I’ve been meeting with current and hopeful founders who want to become Y Combinator founders. They’re applying to the Winter 2024 batch, and naturally have a ton of questions about our experience applying and being accepted to YC. One of the main questions I get is “What was your interview experience like?” Of course, before there was the interview, there was the application. This is a story in and of itself that I’ll save for
Okra Solar, a technology startup working with local utilities to transform communities, has closed its Series A funding round. Mesh grid technology With 770 million people living without clean, reliable access to power, the tech startup aims to transform off-grid communities with mesh grids. Mesh grids are the fastest-growing technology solution for electrifying off-grid households. With a mesh grid, neighbors are connected, sharing renewable energy 24/7, which allows them to consume more than they would on their own. Each house contains a solar panel, battery and an Okra Pod, ensuring
