Displaying items by tag: Financing

Compared to national figures, procurement with California’s minority businesses better mirrored the state’s demographics but was still low The post New Report: Top CA Banks Do Little Contracting with Firms Owned by Minorities, Women appeared first on Los Angeles Sentinel....

You don't have to be a celebrity to have at-home glam services on-call, at your convenience. Boston-based startup BeautyLynk, an online platform connecting local beauty professionals with customers, was awarded $50,000 in prize money as a 2016 Gold winner in the MassChallenge accelerator program....

The racial and gender makeup of investment boards is tied directly to the investment decisions they make, especially when it comes to funding companies led by people of color or female founders, according to a new study released by the U.S. Small Business Administration.SBA Administrator Maria Contreras-Sweet highlighted the importance of the...

Michael Elliot, a Hollywood screenwriter-turned-entrepreneur who wrote Brown Sugar and Just Wright, saw a need for a nail shop that caters to entrepreneurs, athletes, mechanics, and men who take proper care of their appearance and hygiene. So he created a first-of-its-kind environment that was welcoming to all men. Oversized leather chairs,...

While the City of Flint, Michigan has made national headlines due to its poisoned water crisis, one local company is drawing positive attention to the community. GoodBoy Clothing recently was awarded $20,000 from AT&T, as the choice winner of its Agility Challenge competition.GoodBoy Clothing is a lifestyle streetwear brand that specializes in...

After retiring earlier this year, Kobe Bryant, the former NBA MVP, announced the launch of a $100 million venture capital fund on Monday. Although the fund was quietly co-founded in 2013 with Jeff Stibel, news of the launch went public during a ceremonial ringing of the New York Stock Exchange bell.Shortly after the ceremonial ringing, Bryant and...

The North Carolina tech hub American Underground has announced a first-of-its-kind program with Google for Entrepreneurs that is expressly focused on supporting African American founders raising a seed round (less than $750,000). The weeklong immersion program will run this fall from Oct. 9–15. “The goal is to fund at least 50% of the partic...

Department of Community and Economic Development Secretary Dennis Davin today announced the creation of a new loan program to be administered through the Pennsylvania Industrial Development Authority (PIDA), dedicated to......

Black women represent the fastest-growing group of entrepreneurs in U.S., with the number of African American women-owned businesses growing 322% since 1997.However, according to #ProjectDiane, a major national report released this month by the group Digitalundivided, black women startup founders raise only $36,000 on average, whereas white males...

Entrepreneurs get to compete for a $200,000 grand prize, including the opportunity to pitch their business plan live in front of FUBU Founder Daymond John of ABC’s “Shark Tank.”...