Governor Kathy Hochul has announced a $30 million pre-seed and seed matching fund program to help early-stage startup companies. The funding for the program will come from the State Small Business Credit Initiative to provide extra support to small businesses owned by historically marginalized individuals, including Black and brown entrepreneurs and traditionally disadvantaged individuals. The initiative, part of New York’s $500 million federal investment, aims to help small businesses recover from the pandemic and rebuild local economies. As a part of the program, Governor Hochul will offer early-stage startup companies
New data has revealed that there has been an uptick in the amount of capital funding Black founders in the U.S. raised in Q4 of 2022. Although this shows that the tide may finally be turning, founders have yet to receive adequate funding to scale their businesses successfully. According to Crunchbase, Black startup founders raised around $264 million out of the $33.6 billion allocated in Q4 of 2022. This may seem small, but a slight increase from the $178 million raised from July to September 2022. What did last year
This article by Camille Hall was originally published on Medium. A collection of voices from fellow black female engineers and my own experiences prompted me to write this, it is with my hope that it is well received. This article is intended to be presented as an informational and practical offering of guidance for those who are working alongside a black female engineer within a male-dominated industry. Written with love by a black female software engineer. In some spaces being a woman is enough of a hurdle to combat. Insert
The Hispanic Technology Executive Council (HITEC) and the Illinois Institute of Technology have come together to support the growth of Hispanic tech talent by opening the door to educational opportunities and scholarships within technology and business. HITEC Foundation scholars and HITEC corporate Emerging Executive Program graduates looking to pursue an MBA or Master of Science degree from the Illinois Tech Stuart School of Business will be considered for scholarships worth up to $2 million. Everything you need to know about HITEC and the Illinois Tech HTEC is a global executive
Welcome to 2023! As always, many of us entered off the new year with career goals and resolutions: nearly 1 in 5 of us want to reduce job stress this year and 40% have goals to have more money. Despite the continued challenges in the tech industry, tech workers are still some of the most sought-after with the most in-demand skills. Yes, really. A ZipRecruiter survey of recent hires found that about 8 in 10 previously laid-off tech workers found a new job within three months of starting their search. Moreover, 4
Now more than ever, Black VCs deserve to be celebrated – which is why RISE InVC couldn’t have come at a better time. Hosted by Included VC, RISE InVC will take place from January 17 to 19 and will be the first-ever global gathering designed to spotlight and celebrate the work Black VCs have been doing over the years. Venture capitalists from South Africa, Singapore, Australia, France, and the UK will come for three days to meet, connect, and inspire one another. Across the days, Rise InVC will hold a
The Inflation Reduction Act (IRA) is the biggest federal climate deal in history and is great news for Black-owned carbon transformation startup Twelve. According to reports, the IRA contains $500 billion in funding to boost clean energy, reduce healthcare costs, and increase tax revenues. The Act follows negotiations on President Biden’s Build Back Better Act and is welcome news for climate startups like Twelve. “The Inflation Reduction Act, that’s been really amazing. We’re so excited about that,” said Twelve co-founder Ethosa Cave in an interview. “There’s so many provisions in there:
Hack. Diversity’s mission is to shake up the industry, and after receiving a $500,000 grant from The Barr Foundation, they are on the road to achieving this goal. The Barr Foundation’s program expansion According to reports, non-profit organization Hack. Diversity was awarded a two-year $500,000 grant from the Barr Foundation. The grant is a part of the organization’s initiative to advance racial wealth equity and its partnership with Hack. Diversity is a testament to that. The grant will allow Hack. Diversity to expand their program impact and remove the hurdles
Black-owned AI entertainment company tap. is on a mission to change the entertainment business for good. The pre-seed funding round The funding round aims to enhance tap.’s products by introducing more efficient ways for people to come together and connect. In collaboration with productions such as Marvel DC, HBO, and Disney, tap.’s primary goal is to deploy the right machine-learning technology to enhance users’ experiences. “We are excited to grow out network of support around the tap. app through the latest funding round, which will enable us to execute our strategic company
Black Girls In Tech (BGIT) has partnered with Motorway, the UK’s fastest-growing used car marketplace, to promote tech diversity and inclusivity. BGIT is a community for Black women to share their experiences and resources for thriving in the white, male-dominated tech industry. Co-founders Karen Emelu and Valerie Oyiki previously told POCIT that BGIT began as a group chat. Today, BGIT is an international organization providing a community, resources, and opportunities to Black women in tech. Bootcamp to Hiring Pipeline Motorway will be sponsoring BGIT’s first cohort of their free frontend development bootcamp. The bootcamp will run from
