Facebook is set to donate millions to Black-owned Wine Collection McBride Sisters to help them continue their efforts to give back to other Black women-led businesses. Through the SHE CAN Fund, run by the collection, Black women entrepreneurs will be eligible to receive $20,000 in Facebook advertising credits. They’ll also receive guidance from the Facebook Elevate community and learning program designed to fuel the growth of Black and Latinx and Hispanic-owned businesses, according to Afrotech. Members of the program are also encouraged to visit the Elevate Hub to join the Facebook Elevate
Former ESPN data scientist Tiffany Kelly has just raised $2.1million in a seed round of funding for her adtech startup Curastory. The company, first launched in 2019, is a creator tool helping student-athletes by “connecting brands in need of video content with athletes, influencers, and actors who create video content and are willing to create directly for brands,” according to Sport Techie. Lightspeed, Techstars, and Mindspring Capital led the funding round to help Curastory’s staff expansion, market growth, and sales and engineering footprint. The milestone seed comes after the firm secured a deal with
The not-for-profit organization is raising funds to publish a book highlighting the achievements of 51 Black women in tech to give young people in schools access to role models from diverse communities. Once the book, dubbed The voices in the shadow, is published, TLA Black Women in Tech aims to distribute 300 copies to schools in the UK and Ireland for free. The mission has also been backed by the Digital and Culture Minister, Caroline Dinenage, who said it was important for children to know they can do anything in life. There
The Black founded start-up with a mission to make culturally competent healthcare accessible for minority communities has announced that it raised $1.6 million in seed funding led by the Female Founders Fund with participation from Serena William’s venture firm. Founded in 2018, HUED’s database now features over 600 healthcare providers tailored specifically towards communities of color and has developed a digital training curriculum for healthcare systems and stakeholders. The curriculum provides tools to dismantle structural and policy barriers that prevent these communities from accessing the care they need. Other round
The last few weeks (but really years) have been nothing short of emotionally challenging. In between bouts of deep sadness and profound rage, I’m a confused mess. It hurts deeply to care so much about a world that’s not designed to promote the prosperity of Black people. While I’m consistently proud of (and enamored by) the resilience of our community throughout history, I often wonder about the amount of violence a community of people can endure before the damage is irreparable. I frequently worry about the collective psyche of oppressed
If any of you are unfamiliar with the lyrical genius of Craig David, please click the link and make your self-isolation a better place. (and this blog post makes sense!) “Got the information on Mondaaaaaay” Purely through chance, I sent my monthly investor update on Monday 9th March, on the eve of the Week of Realisation about the Coronavirus crisis. I signed off my usual SUPPORT section with a simple question: Almost immediately, several investors responded with variations on the following; So I paused all planned work for the day
Arlan Hamilton — founder and managing partner at Backstage Capital — summarized best why investing in Black Female Founders (BFF) isn’t just important, but could produce high yields: “Less than 0.2 percent of all early-stage venture funding goes to Black women, while we make up approximately 8 per cent of the U.S. population and are one of the fastest-growing entrepreneur segments in the country,” Arlan wrote. “It is my firm belief that because Black women have had to make do with far less for centuries, equipping them with early-stage capital that is
