This article is sponsored by MITRE. MITRE, a nonprofit renowned for tackling the nation’s most complex challenges, is breaking new ground with its latest initiative, MITRE RISE. This six-month accelerator is designed to help tech founders of color turn their innovative ideas into viable, real-world solutions, through hands-on mentorship, cutting-edge resources, and an extensive network of health and technology experts. Their inaugural 2025 cohort is dedicated to accelerating the development of health IT solutions. Applications for the 2025 program close on October 31, 2024. Innovation through collaboration Kike Oduba, founder
Meet The Latest Tech Startups To Secure $100K From Northwestern Mutual’s Black Founder Accelerator
Northwestern Mutual, a financial services organization, has announced this year’s fall cohort of five Black-owned tech startups to its Black Founder Accelerator program for the third year. Now in its third year, the accelerator is one of the core components of Northwestern Mutual’s Sustained Action for Racial Equity (SARE) initiative. SARE was created to advance bold, sustainable change that accelerates the company’s commitment to fight racism, prejudice, and social injustice, focusing on the Black and African American community. The Black Founder Accelerator The accelerator invests in up to 10 companies
BK-XL, a new Brooklyn-based early-stage startup accelerator for Black, Indigenous, and people of color (BIPOC) founders, has announced its inaugural cohort of 12 startups. With each startup receiving up to $500,000 each, BK-XL’s capital is on par with other big-name accelerators like Y Combinator, and, by relative investment size, is the largest BIPOC-focused accelerator in the US. Clara Wu Tsai, a Brooklyn Nets owner and Vice Chair of BSE Global, created the accelerator in partnership with Visible Hands, a VC firm for underrepresented founders. “We created BK-XL to identify and
