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Google’s third bet from its Africa Investment Fund is in logistics company Lori Systems

TechCrunch

This undisclosed investment is Google’s third from the $50 million Africa Investment Fund targeted at the continent’s early- and growth-stage startups, which the company CEO Sundar Pichai announced last October. The fund is part of Google’s plan to invest $1 billion in “tech-led initiatives” over the next five years.

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3 new ways to empower your entrepreneurial community

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However, it’s important to consider what barriers entrepreneurs of color face that may keep them from being able to benefit from investment and support resources. Identifying and filling these cultural competency gaps benefits your entire community, and it is an essential component of continued economic and social progress.

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A Meeting of Unreasonable Minds

Entrepreneurs' Organization

The Middle East consists of developing nations and, sadly, we are consumers of innovation and create very little of it ourselves. We hardly invent any new technologies and don’t invest enough in research and development,” Suhail says. “I Contributing to Sustainable Development. An Unreasonable Idea. Promoting Disruption.

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New Jersey announces $10M seed fund aimed at Black and Latinx founders

TechCrunch

The Black and Latinx Seed Fund will be administered by the New Economic Development Authority (NJEDA). NJEDA CEO Tim Sullivan said based on research conducted by the state, that New Jersey is the first state in the nation to develop this type of fund. billion venture dollars invested between 2018 and 2019.

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SoftBank sinks $200M into Andela, propels company into unicorn territory

TechCrunch

Joining SoftBank in the investment was new investor Whale Rock and existing investors including Generation Investment Management, Chan Zuckerberg Initiative and Spark Capital. As part of the investment, Lydia Jett, founding partner at SoftBank Investment Advisers, will join Andela’s board.

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Gregslist – The Strange Attractor

Ecosystem Builder Hub

It was 2016. Investors from every part of the country are using Gregslist to find investible companies and rely on Gregslist to reach out to CEOs. Economic development organizations in each area use Gregslist when recruiting tech companies to come to their cities. Gregslist – The Unexpected Catalyst?

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Oklahoma’s bioscience prowess busy making a difference worldwide

Innovation 2 Enterprise

He made his remarks during the final hours Thursday of the Bio International Conference in Philadelphia as the state’s more than 40 OKBio delegates, which included researchers, foundation and university representatives and bioscience and investment companies, continued to meet in face-to-face meetings with representatives from around the world. “We’re