POCIT. Telling the stories and thoughts of the underrepresented in tech. POCIT. Telling the stories and thoughts of the underrepresented in tech.
Posts in Tag

Funding

Black-Owned Start-Ups Awarded $1.2M In Financial Support Thanks To The Meda Million Dollar Challenge

Three Black founders have walked away with enough money to make their businesses flourish after the largest Black, Indigenous, and People of Color (BIPOC) entrepreneurial competition in the nation picked them as winners. This is the fourth annual competition where five companies received $1.2 million in financial support. Metropolitan Economic Development Association – also known as Meda – was founded by a group of Minnesota business leaders looking to attack inequity within minority communities in the state. “Meda operates a growing Community Development Fund Institution (CDFI) that provides needed capital for BIPOC businesses

Continue Reading

More Than Half Of the Start-Ups Citi’s Impact Fund Has Invested In Are Owned By Minorities

Citi has announced its next round of investments through the Citi Impact Fund, a $200 million fund launched last year to invest in companies that are addressing some of the biggest societal challenges. Daylight, Flume, and Stackshare are among the list of companies included in the round. This brings the Impact Fund’s total number of investments to 23 companies – more than half of which are founded by women and/or minorities.  Ed Skyler, Head of Global Public Affairs at Citi, said: “The portfolio of the Citi Impact Fund keeps growing as we continue to

Continue Reading

Google Announces 50 Recipients Of Its Second Black Founders Fund

Google for Startups has announced the next 50 recipients of its Black Founders Fund, unveiling the next slate of trailblazers who will be receiving $100,000 in non-dilutive funding. This is the second batch the giant tech firm has supported. All 126 of them hail from all over the United States, including Georgia, Texas, New York, Alabama, California, Massachusetts, Pennsylvania, Florida, Hawaii, and Missouri. Last year, Google for Startups gave 76 Black-led startups up to $100,000 in non-dilutive funding – meaning founders did not give up any ownership in their company in exchange for

Continue Reading

The Reality of Being a Womxn of Color Startup Founder during COVID-19 — And Funding Opportunities

Last summer I gathered over a dozen womxn of color startup founders and small business owners to connect in Seattle, Washington. We shared our backgrounds, experiences, expertise, challenges and successes as a collective given the historical and systematic exclusion in the business ecosystem. We bonded on our common experience of being ‘the only’, steadily pioneering our own industries. We would have never thought that six months later the world would be facing a global health crisis and we’d be scrambling to secure funding to survive. On average, womxn of color

Continue Reading
1 … 14 15 16 Page 16 of 16