HBCUvc Alumni Fellows invested over $10 million into Black-founded startups and organizations, according to the organization’s 2024 Annual Impact Report. Black entrepreneurs still struggle to gain capital. In 2024, Black-founded startups received just 0.48% of total US venture capital, from 1.3% in 2021 and 0.5% in 2023, according to Crunchbase. This decline comes at a time when the country is facing a vast overturn in DEI initiatives. HBCUvc aims to create a smooth pipeline of investors, supporting its program participants from their first exposure to venture capital through hands-on experience and,