A new initiative from the Greater Augusta Black Chamber of Commerce Foundation hopes to help Black start-up owners navigate starting a small firm, with a new program providing training and grants of $3,000 for 25 Augusta area entrepreneurs. The entrepreneurship training program already has several business owners hoping to participate. The 25 initial participants will go through four weeks of training and six weeks of coaching, learning everything from record-keeping and insurance to marketing and risk management. According to Yahoo, it’s funded with $125,000 from Bank of America, partnering with the Greater Augusta
Less than half of Britain’s Black business owners – 43 percent – trust banks to support their interests, a new survey has revealed. The report, entitled ‘Black British In Business and Proud’, highlights the issue of structural racism in terms of accessing capital, and its impact on Black business owners. The research, which was sponsored by Lloyds Bank and undertaken by Savanta, surveyed 808 participants from Black communities in Britain – 345 of whom were Black business owners. It revealed that Black business owners are 21% more likely to be self-financed than
A Black-Owned startup that’s solving the problem of “interacting with and processing lien information on properties” has been awarded a $25,000 grand prize at the Endeavors Pitch Competition. Lien Library aims to provide a new experience in accessing, monitoring and gathering liens on properties. The firm, founded by Haitian native Macdeur Alabre, was created while encountering issues with lien processing during his time working for the city of North Miami. The 27-year-old was completing his master’s in business administration and using his programming and financial skills he created his system that he subsequently pitched
Like many industries, the tech sector still has some way to go in addressing diversity and bias issues and although there has been some progress with big companies like Google creating initatives specifically for minority communities – the work shouldn’t and doesn’t stop there. After diverse intake in companies – what roles are they being given, the salary disparity once in the role, the treatment among colleagues and the handling of racism allegations. We’ve heard countless of stories of Black employees and their allies being sidelined for speaking out against
A 17-year-old student at Iowa City West High School has invented color-changing sutures to detect infection and is now set on getting it patented. Working with an eye on equity in global health, Daisy Taylor hopes that the color-changing sutures will someday help patients detect surgical site infections as early as possible so that they can seek medical care when it has the most impact. Daisy began working on the project back in October 2019, after her chemistry teacher shared information about state-wide science fairs including the Science Talent Search
Software developer Charlene Hunter is on a mission to close the diversity gap in the tech industry and is set on helping other Black women get their foot in the door. East Londoner Charlene founded Coding Black Females back in 2017 after feeling fed up with being the only Black woman in her role at her company. Her non-profit network is a community that uplifts Black female developers and helps them find opportunities. Coding Black Females, which Charlene runs alongside co-CTOs Tanya Powell and Efua Akumanyi and their team, has become a
Viral tweets of missing Black children, police brutality and misconduct have continued to dominate this year, with some posts leading to re-opened police investigations and discoveries. But it’s widely known that there is a huge disparity when it comes to media coverage on issues impacting minorities. This problem has been raised countless times and it’s one that James Samuel, founder of Anjel, knows far too well. In an interview over a Zoom call, the father of two boys told POCIT that he’d struggled to get attention from mainstream reporters and
Inspired by cinema, music video experiences, and interactive gaming, Cycmode is a boutique fitness studio offering multiple fitness offerings under one roof — indoor cycling, strength training, and yoga. The VR and in-studio space was launched in January by Tasha White. The first-floor indoor cycling studio features 35 bikes and a wall-to-wall massive 60-foot-wide curved video screen set in a cycling theatre. Workouts such as THE TRIP™ give riders the sensation of climbing and sprinting through digitally-created worlds paired with indoor cycling bikes that mimic an actual cycle, allowing riders to lean, turn
The technology industry’s academic and professional spaces have a long reputation of exclusivity and discrimination that has led to an industry that is predominantly all white and male – but some people are working hard to change this picture. POCIT sat down with Rose Robinson, Executive Director of Center for Minorities and People with Disabilities in IT (CMD-IT), for an in-depth conversation on the barriers facing people of color with disabilities in tech. Robinson has more than 25 years under her belt. Her role at CMD-IT means she can use
Black-Owned Chicago AI Startup Lands $100K In Latest ‘Northwestern Mutual Black Founder’ Accelerator
A Chicago startup that uses AI to help people better leverage their professional network is part of the newest cohort of startups selected as part of the Northwestern Mutual’s Black Founder Accelerator program. 4Degrees, led by CEO Ablorde Ashigbi and CTO David Vandegrift, will receive a $100,000 investment as part of the 12-week program. It will also work alongside Northwestern Mutual and its accelerator partner gener8tor to help grow its business. The company, launched by Ashigbi and Vandegrift, two former investors at Pritzker Group Venture Capital, back in 2017 was
