Miami’s only Black Tech Hub, The Source, has announced the launch of a regional startup competition that will set the winner on track to win a $1 million investment. The tech center was founded by music executive Ted Lucas and venture capitalist Hilmon Sorey, an organization committed to supporting underserved founders as they expand their startups. The Source focuses on local entrepreneurs who plan to keep their business in South Florida as a means of maintaining talent in the area and building a long-term tech ecosystem, as stated by Miami
The Source, a new Black-owned tech center in downtown Miami, opened its doors last month. The Source Tech Hub Spearheaded by Miami Gardens native Ted Lucas and his business partner Hilmon Sorey, this new center represents a significant shift in the city’s tech landscape. Lucas, the founder of Slip-N-Slide Records, and Sorey, a seasoned venture capitalist with notable investments in companies like Uber and Lyft, envision The Source as a beacon of hope and opportunity. “If you look like me, I want to see how you are going to help my community,” Lucas told
