ChurchSpace is changing how churches use their spaces by turning underutilized real estate into vibrant community hubs. Nicknamed the “Airbnb for churches,” this innovative app allows churches to generate additional income by renting out their facilities as commercial kitchens, event venues, and meeting spaces. Created by the millennial pastors’ kids Day Edwards and Emmanuel Brown, ChurchSpace addresses church leaders’ financial pressures and offers a new model for community engagement. Empowering Communities Through Church Real Estate Launched in 2019, ChurchSpace aims to strengthen local communities by repurposing church real estate. “Church
South Africa-based startup accelerator Founders Factory Africa has officially rebranded as 54 Collective, marking its transition to a venture capital (VC) firm. $150 Million To Support African Startups The rebranding comes after four years of accelerating African startups, during which the organization built a reputation for creating innovation across the continent, according to Empower Africa. Now, with a $40 million fund, 54 Collective is set to invest in early-stage ventures across various sectors. “Today, we are a VC firm with a $40 million fund, and when combined with our $107
Score, a dating app designed for singles with good to excellent credit scores, has officially shut down after six months in operation. Score’s Limited Run Black-owned financial literacy startup Neon Money Club launched Score last February as a 90-day pop-up to start a broader conversation about financial health and dating, However, unexpectedly high user interest led the founders to extend its service. During its brief existence, Score managed to attract approximately 18,000 users and was responsible for about 8,000 matches. Despite these numbers, the app’s creators, Luke Bailey and Jackie
Today, August 12, marks International Youth Day 2024, celebrated under the theme “From Clicks to Progress: Youth Digital Pathways for Sustainable Development.” With the expansion of technologies like mobile devices, digital platforms, and AI, young people—often dubbed “digital natives”—are at the forefront of this transformation. Here are some young Black and Brown individuals making waves in their communities and beyond. Taylor Denise Richardson, 20 – STEM Advocate and Future Astronaut Richardson, also known as “Astronaut StarBright,” is from Jacksonville, Florida, and has been advocating for diversity in STEM (Science, Technology,
Medium, an online publishing platform, is broadening its Partner Program to include writers from over 70 new countries, including over 20 African countries. Medium’s Partner Program Expands Medium’s Partner Program allows writers to earn revenue based on the engagement and activity their stories generate from Medium members. The expansion is part of Medium’s ongoing effort to support writers globally, with the program now extending to over 115 countries where Stripe is supported. The newly included African countries are Algeria, Angola, Benin, Botswana, Côte d’Ivoire, Egypt, Ethiopia, Gabon, Gambia, Ghana, Kenya, Madagascar,
Grammy-winning R&B artist Eric Bellinger announced a partnership with Hooky, a music startup known for its “artist-first” Voice AI solutions. Hooky has just launched its online subscription platform, offering creators, artists, and labels an all-in-one tool for music creation, licensing, and distribution. Bellinger Collabs With Hooky Bellinger, known for his innovative approach to music, is embracing artificial intelligence (AI) to elevate his creative process and empower fellow musicians. As one of the first artists to collaborate with Hooky, Bellinger is lending his voice to the platform’s AI models, allowing creators
August is National Black Business Month, a time to honor and support the economic contributions of Black entrepreneurs. As we acknowledge the role these businesses play we have highlighted platforms that make it easier for consumers to discover and support Black-owned businesses. Here are some of the top Black business marketplaces and directories you should know about. WeBuyBlack WeBuyBlack is the largest online marketplace for Black-owned businesses, offering a wide range of products from clothing to home essentials. Founded by Sharif Rasheed, this platform is often referred to as the
Myavana, a pioneering Black-led haircare technology company, has successfully raised $5.9 million in a recent funding round, bringing its valuation to $50 million, according to Forbes. The Atlanta-based startup uses AI to offer personalized haircare solutions, focusing primarily on the needs of Black women. Pioneering AI in Haircare Myavana is the brainchild of computer scientist Candace Mitchell. Mitchell founded the company in 2012 with the aim of revolutionizing personal and professional textured hair care through data-driven science and technology. With a deep understanding of the unique hair challenges of women
African Infrastructure Investment Managers (AIIM) has successfully closed its fourth pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4). The fund reached its hard cap with $748 million in commitments and an additional $206 million in co-investments, totaling $954 million. “Given the challenging global fundraising environment, we are delighted to have outperformed the targeted fund size,” said Paul Frankish, AIIM’s Head of Strategic Initiatives according to Shoppe Black. “We received strong support from our existing investor base with a high level of re-ups from the supporters of our previous mandates
A new app why?! founded by former Netflix and Clubhouse executives is set to transform the way people connect with meaningful conversations. Former Netflix and Clubhouse Executives Launch why?! Founded by former Netflix and Clubhouse executives Maya Watson and Lexi Nisita, the app addresses the growing issue of shallow social media interactions and the difficulty in maintaining quality relationships. According to The Harvard Study of Adult Development, the quality of relationships is crucial for a good life, yet 58% of Americans feel that nobody truly knows them. $1.65M Pre-Seed Funding
