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Startups

Kayla Austin has received a $25,000 grant from Pharrell Williams to help accelerate her gun safety start-up, My Gun’s Been Moved.  Last year, the 19-year-old Howard University sophomore pitched her idea at Pharrell Williams’ Mighty Dream Forum and Black Ambition in Virginia. Her passion was awarded a $25,000 cash prize to help bring her business to new heights.  Austin came up with the idea to launch a gun safety initiative at 12 years old after attending a youth program. “So, I found out that majority of shootings involving children and teens happen with a

This article was first published by Lillian Cartwright on Medium. Three years ago, when I founded ShelfLife, odds were I’d be writing this post about shutting down. The greater majority of startups fail. Although the definition of failure is up for debate, more than two-thirds of startups don’t deliver a positive return to investors. Couple this with the fact that in 2022, just 1% of venture capital went to Black founders and less than 2% went to all-female founding teams. And Black female founders raised…er, let’s not even go there. Against those odds, we

According to a new report by Harvard researchers, overlooked Black businesses that added a ‘Black-owned’ label to their online shop saw a significant increase in sales last year. Many tech platforms, including Yelp, Amazon, and Instagram, have introduced a new feature with the aim of helping Black-owned businesses get the spotlight they deserve – but do they actually work? Since the feature has been rolled out, many have questioned whether it works or would prove problematic for smaller businesses in the future. However, Harvard says this feature has proved to be highly beneficial for Black-owned

Dr. Kimberly Clay, founder of Play Like A Girl, is using her passion for STEM and sports to teach young women how to become executive leaders in the corporate field.   Play Like A Girl is a charitable organization fighting to help every girl – no matter their background – reach their full potential in the science, technology, engineering, and math (STEM) industry. Since 2019, Play Like a Girl has partnered with the NFL to infuse the sports discipline with the skillset needed to excel in STEM. Play Like A Girl is

Sparkee, a Black woman-owned tech company, is revolutionizing how we charge our phones. Their new product – which is currently available for pre-order – is the fastest charging device for those constantly on the go. It is compatible with all phone models and holds two USB-C Ports, allowing users to charge three devices simultaneously.   The Sparkee device is the sleekest device modernizing how we charge our phones through its wire-free programming, giving users multiple ways to charge their devices. It takes away the idea of having to “put your phone

The winner of the Invesco QQQ Legacy Classic Startup Pitch Competition has finally been announced. Out of 200 startups who applied to participate in the competition, only one has made it to the finishing line. Child-friendly music app, Healthy Hip Hop, has officially been crowned the winner of the startup pitch competition. The platform, founded in 2019 by Roy Scott, is an educational app aimed at children, infusing hip-hop culture with innovative technology.  Last year, Michael B. Jordan announced that the Invesco QQQ startup pitch competition had returned for its second year in partnership

It’s time for all journalists to get into their bag.  Black-owned digital media and tech company, Hero Media, has launched Goodfeed, a social wellness platform for women from diverse backgrounds. On Goodfeed, in-house journalists get paid royalties for their work using money generated from ad rolls. The online platform – which has built a community for Black and brown women – has been described as another version of YouTube where users can share their editorial content, written articles, audio, and videos.  Through Goodfeed, Black women can connect and share fitness,

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

If you’ve been on TikTok lately, chances are you’ve come across food critic, Keith Lee.  The MMA fighter-turned-food critic has dedicated his online platform to helping underrepresented Black-owned restaurants get the spotlight they deserve.  In a recent video, popular TikToker Keith Lee revealed that he had helped a struggling Black business raise $30,000 in under 24 hours. Through his honest but rewarding TikTok reviews, struggling businesses have seen an enormous influx of customers, with many going from no customers to completely selling out.  After making his way home, Lee spotted

Black people are strong but even more powerful when they come together. This is a statement Nia-Tayler Clark, founder of BLACKLIT, can heavily relate to.  After receiving an unexpected eviction notice, social media users united to help Nia-Tayler Clark save her bookstore from closure. The online book community founded in 2019 initially began as a project in Clark’s tiny one-bedroom apartment. In a short time, the project blossomed and became the first Black-owned bookstore in Dallas, Texas.  “BLACKLIT started in 2019, in my tiny one-bedroom apartment, with my toddler on my

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