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Three Black founders have walked away with enough money to make their businesses flourish after the largest Black, Indigenous, and People of Color (BIPOC) entrepreneurial competition in the nation picked them as winners. This is the fourth annual competition where five companies received $1.2 million in financial support. Metropolitan Economic Development Association – also known as Meda – was founded by a group of Minnesota business leaders looking to attack inequity within minority communities in the state. “Meda operates a growing Community Development Fund Institution (CDFI) that provides needed capital for BIPOC businesses

El Salvador has become the first country to accept Bitcoin as a legal currency in a move that has got the world debating whether cryptocurrency should be used in this way. The country has reportedly already bought its first 400 bitcoins, worth an estimated $21 million based on bitcoin’s value at the time of the announcement, according to a series of tweets by the country’s President – Nayib Bukele. Millions of people are now expected to download the government’s new digital wallet app which gives away $30 in Bitcoin to every

Designers can dismantle the New Jim Code. Here’s how. The disproportionate impact of the COVID-19 pandemic on Blacks and the continued violence against Black lives as elucidated in protests responding to the death of George Floyd has thrown light on pervasive systemic racism against Black people in the United States. That extends to the technology industry. Anti-Black racism in technological design abounds, and it cannot go unnoticed and unchallenged. Consider the evidence: Many wearable heart rate trackers rely on technology that could be less reliable for users with darker skin, which negatively

About the author: Austin Jeter is a senior at Morehouse College who aspires to work within Product after he graduates in May. Ultimately, Austin’s chief ambition is to be a venture capitalist. Feel free to contact Austin at Austinlb.jeter@gmail.com regarding opportunities, questions, comments, etc When you think of the technology industry, the first place that comes to mind is Silicon Valley. Your mind might also drift to the t-shirt wearing, free food, and “nap pod” centric work culture. Others may think of the Stanford and Harvard grads forming startups trying to

It was summer 2009 and I was a fresh economics graduate from the London School of Economics working at the Financial Times as an editorial intern. My final degree score averaged 69, one mark shy of a distinction. But after all the trials and tribulations of a challenging undergraduate course I was ecstatic to have come out of it alive, let alone with a merit. As I stood in the offices of one of the most famous and respected newspapers in the world, all around me the foundations of capitalism

Based of a super hilarious and heart warming tweet thread this article follows Urenna Okonkwo as she takes us through her journey in raising a seed round for her fashion/fintech startup Cashmere! In the words of Elon Musk. Funding secured 💰 Yesterday, I received the first installment of investment (total $180,000) into my company @CashmereTheApp as a young 26-year-old black female first-time founder. I can’t believe I’m writing this. Taking the Plunge When I made the plunge, I said to my close friend @deborahokenla,  by the 31st of October, I will

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