According to Reuters, Bank of America (BoA) has announced an investment in Impact X Capital Partners’ IX Global I fund. The initiative aims to nurture underrepresented innovators, particularly women and founders of color, in sectors like digital technology. Impact X Capital Partners IX Global I Fund Impact X Capital Partners, established in 2019 and headquartered in London, blends financial returns with social impact. The venture capital firm is dedicated to addressing the disparity in capital access for diverse UK and European entrepreneurs. Impact X has several notable founding members, such as Ursula Burns, former CEO
Code Black Indy (CBI) has plans to expand its programs as it receives a $30,000 economic mobility graant from the Bank of America. What Is Cody Black Indy? CBI seeks to reintegrate the “The Village” principle back into the community. The non-profit serves Hoosiers who are underrepresented in the tech field, like people of color, women, individuals with disabilities, and those from low-income backgrounds. Through collaborations such as hands-on training, mentorship, and job placement support, they seek to redefine how one learns through applying technical skills. After working in corporate
The banking institution has pledged $10 million to one of the leading private liberal arts Historically Black Colleges and Universities (HBCUs) in the South. According to a press release, the funds are a part of Bank of America’s Mayor’s Racial Equity Initiative in the Charlotte, NC region. It includes a $1.25 billion five-year commitment to create more economic opportunities and push racial equality within local communities. In an official statement, Kieth Cockrell, President of Bank of America Charlotte, said: “Our long-term relationship with JCSU has set the foundation for this critical moment – a
