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Black entrepreneurs

Financial giant Wells Fargo recently announced that it would be investing $355,000 in a new diversity program, The Inclusivity Project. The Inclusivity Project The Inclusivity Project was first launched in 2021 and has since been run by the Northern California Small Business Development Centers (NorCal SBDC). Initially designed to support Black and African American businesses seriously impacted by the COVID-19 pandemic, the project has since become a community open to all business types and stages. The project offers free advice, mentoring, workshops, and networking, as well as access to exclusive

Black entrepreneur Luke Cooper is redefining the meaning of success. In a recent interview, the Baltimore entrepreneur opened up about his rollercoaster journey into the tech industry, which unexpectedly saw him generate tremendous success.  Who is Luke Cooper?  Luke Cooper, a partner at Preface Ventures and founder of Latimer, describes himself as an ‘intentional entrepreneur.’ Cooper has a proven track record of growing sales and closing multiple $50 million exists while supporting women and BIPOC founders.    The Baltimore entrepreneur is also a father of two with a deep passion for making the world a

Soft drink company, Mountain Dew (MTN Dew), has expanded its commitment to Black entrepreneurship by creating a new Esports tournament that will see students compete for a $500,000 prize.  Following MTN Dew’s ‘Real Change Opportunity Fund’ initiative in 2020, the soft drink company has joined forces with HBCU Esports League to reinforce their commitment to supporting the next generation of Black entrepreneurs.  The tournament, launched last month, will run until October 28 and will be available for any gamers enrolled at an HBCU to register and join.  Black representation in gaming The

Black developer, Meka Knepley, has announced the launch of her social shopping app, ReUp, described as a crossover between TikTok and Amazon.  The app, expected to launch this October, will allow users to watch videos and shop simultaneously, with one click. Like apps such as Instagram and TikTok, users will have the ability to scroll through content and products endlessly.   Community through shopping ReUp provides users with an innovative shopping experience that benefits businesses and shoppers alike. The video feature aims to make it easier for people to discover small, upcoming businesses

Black-owned professional network, Black British City Group (BBCG), has launched its flagship City Booster program, designed to help support the growth of Black founders.  Through BBCG’s City Booster program, Black entrepreneurs not only be eligible for grants of up to £3,000 but will also have access to coaching opportunities and skill-based workshops to help them elevate and grow.  The City Booster program run by BBCG aims to provide mentorship, skills-based workshops, and financial support to Black founders. In addition, the program, which spans nine months, will give Black entrepreneurs exclusive

Natalie Madeira Cofield, the assistant administrator for the Office of Women Business Ownership at the US Small Business Administration (SBA), has stepped down from her role to pursue a new venture.  Cofield, recognized as one of the high-ranking Black women in the president’s administration, was also the first Black woman to hold that position and head a female business ownership office.  According to Bloomberg, the Executive Director of the National Women’s Business Council Tene Dolphin praised Cofield for her hard work in a recent statement.  “Her tireless efforts during her tenure

Rapper, Zoey Dollaz, has launched a new “Uber service but with bulletproof vehicles” in response to the deadly shootings of entertainers and athletes.  In an interview with Radar Radio, Zoey Dollaz opened up about the business initiative he says had been brewing before his own experience in a drive-by shooting.  Zoey Dallaz isn’t the first musician to be a drive-by shooting victim, a long line of stars in hip-hop have also been a victim of such attacks, including legendary rapper Notorious B.I.G who died after being shot to death at

American clothing company, Old Navy, will donate $500,000 to the Fifteen Percent Pledge to support the growth of Black creative entrepreneurs. The collaboration, an expansion of the Old Navy’s Project WE series, marks the first product collaboration for the Pledge to support diverse artists as they enter the retail industry on a national level. Project WE, launched in 2021, has helped create a space for diverse and talented artists to gain visibility and equitable access. “Old Navy is proud to amplify and celebrate diverse voices through our Project WE initiative

Many startup cofounders have exciting stories to share about how they met. From bonding as college roommates or former colleagues to surprise encounters leading to entrepreneurial adventures but for some, that perfect cofounder is found through a match-making platform. Damilare Ogunleye is the co-founder and CEO of FoodLama. He runs the Google-backed startup with his cofounder – 18-year-old Santiago Schmitt. But how does the startup work? FoodLama is a free-to-install-and-use browser extension that simplifies online grocery shopping with preferences. By taking into account your household’s individual allergies, preferences, and needs,

Black-owned African integrator system, Bluechip Technologies, has announced its expansion to Europe amid growing demand.  Bluechip Technologies, co-founded in 2008 by Kazeem Tewogbade and Olumide Soyombe, is a software company that works to provide business solutions and strategies to companies. The Nigeria-based organization focuses exclusively on assisting companies in planning, designing, implanting, and operating business application solutions.  The organization gathers data from multiple sources and translates it into information that can help organizations understand trends. This process also allows them to assist businesses with understanding data to make better decisions

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