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Startup

As part of our weekly interviews, POCIT has had the pleasure of interviewing founders who’ve raised millions in capital, social media influencers using their platforms to educate young people looking to get into the tech sector. Now on this series, we’ve sat down with the founder and president of BWISE, a STEM organization already driving robust change for mid to senior-level Black women in tech, engineering, and science.

The popular app, known for its collaborations with the VERZUZ brand, has launched a funding program that will provide Black creators $2,000 in cash and $2,000 in company equity per month on the app. The contracts with the creators begin on January 1, and participants are required to sign a one-year contract with the app to qualify for the payments. The program is called the Triller Assembly for Black Creators. It aims to empower Black creators and talent to deepen the pipeline of Black-owned content across entertainment, lifestyle, fashion, and sports. “Triller and

Apple has just announced its supports for the Propel Center, A Global HBCU Leadership Hub, With $2M In Research Grants. Through the company’s Racial Equity and Justice Initiative, support from Apple will give HBCUs tools and resources to pursue new research and learning opportunities. Propel, and Apple are working together to help develop curricula and provide ongoing mentorship, learning experiences, and internship opportunities. Imagined in January 2021 by Ed Farm—an ed-tech nonprofit committed to transforming classrooms to uplift communities— and supported by founding partners Apple and Southern Company, the Propel Center

Deciding on the right type of funding for your business can be difficult. In fact, it’s considered one of the hardest and most stressful things you could do as it can make or break your startup. Every funding option has advantages and disadvantages, and some are better suited to certain types of businesses and business models. It’s important to explore the funding options available before deciding how to build your company as the route you take will have some serious consequences. Here we break down what some of the keywords

Earl Newsome is the Chief Information Officer at Cummins, Inc. He has over 30 years of global IT leadership experience with Fortune 500 firms. In this interview, Earl discusses going from being raised all across the country by a single mom, to his career in the military, to now working for a global company. Hi Earl. Let’s Talk About Your Work At Cummins. I’ve been at Cummins for almost five months, and I’d describe my journey with Cummins in three words.  First, it’s a very courageous company. During the onboarding

The platform, launched in 2020, is designed to make Black candidates accessible to corporations, connect Black-owned start-ups with major brands, pair young tech employees with experienced workers for mentorship, and teach small-business owners how to raise capital. Launched by Leke Sholuade in September last year – it now has a global community of 208 plus mentors from multinational companies like Google, Microsoft, Amazon, Uber, Facebook, Cisco, LEGO ventures, and SMEs. It reportedly has a three-phased approach to make sure the future of tech is an inclusive one for Black people.

A few days ago, I got an email regarding a Black-led, Gen Z fintech startup providing income-constrained individuals with investment opportunities. The release said the company, run by a 22-year-old and 25-year-old duo, had just announced their Series A investment round. This – of course – immediately caught my attention because I’m eager to highlight the achievements of young people in tech, but I was even more ecstatic when I saw the figure – Sheridan Clayborne and Mitchell Jones had managed to raise a whopping $18million in their fundraising round.

A Black-led, Gen Z fintech startup providing income-constrained individuals investment opportunities has announced an $18M Series A investment round. The group of diverse investors rallying up to fund Lendtable’s future included SoftBank’s SB Opportunity Fund, Valor Equity Partners, and CEOs of Complex Networks and Social Finance, Inc. The fintech firm, run by founders under 30-years-old, has already disbursed over $2.4 million in match benefits to hundreds of employees in just a year, running the gamut from those employed by small consumer brand companies to Fortune 500 companies like Google, Microsoft,

Kela Ivonye is trying to solve the tech diversity issue through his new organization and micro fund, Protégé. After all, it was the connections he fostered as a founder, coupled with his determination and supportive network that led him to a successful exit from his innovative mailbox company Mailhaven Inc. in 2019. Now he’s using his experience, expertise, and knowledge to help Black entrepreneurs succeed by connecting them with Super founders for mentorship and investment. He co-founded the platform, a nonprofit and micro fund, to cultivate community among black founders in

A minority-owned platform that allows you to compare colleges, course options, and tuition fees all in one go has just managed to raise $1M  in a pre-seed round that will go towards improving its search and recommendation technology. Craydel was launched earlier this year by co-founders Manish Sardana, John Nguru, and Shayne Aman Premji. It was inspired by the lack of a reliable portal in Africa to guide the big decisions on which college and course selection students will take. The trio then decided to bring to life a platform that would eliminate this

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