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The New Economy Starts with Support to Underserved Communities

Impact Hub

Access to capital and network is the most critical barrier to entrepreneurship for underserved communities. The New Roots brand represents a startup program for entrepreneurs from underrepresented communities that started in London (Impact Hub King’s Cross) in 2019 and has now scaled to Munich. Impressions & Outcomes.

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What Benefits Do Startup Employees Want?

Startup Blogpost

Adam Wright , CEO, Human Tonik Continuing Education Perks Continuing education, either through an assigned budget or an in-work benefit, is a great perk for startup employees. This can include initiatives such as charitable giving, community outreach, or environmental sustainability programs.

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Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders

TechCrunch

Last summer, in the wake of George Floyd’s murder, Best Buy committed to “do better ” when it came to supporting communities of color. Black and Latin communities were the recipients of just 2.6% of total funding in 2020 , according to Crunchbase data. . A glimpse inside the minds of tech’s DEI leaders.

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Black Innovation Alliance, Village Capital team up to support founders of color

TechCrunch

Resource aims to give local accelerators and incubators support in the form of training and community. On the diversity front, 2020 may prove a tipping point. It also will provide milestone-based financial support tied to organizational development.

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Altitude Lab Startups Raise Over $120M in Capital

American Entrepreneurship

Launches Fellowship Grant Opportunity for Early Career Entrepreneurs Altitude Lab today announced that its incubating startups raised over $120M in early-stage funding since commencing operations in 2020. Unlike other STEM fields, life science has an extremely diverse funnel of talent.

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Career Karma raises $10M to connect students to coding bootcamps

TechCrunch

For as remote education drags on, students are unenrolling from school held on video conferencing software and opting for alternative programs. After a student gets into a coding school, Career Karma puts coders into small peer mentorship groups, called Squads, to give students support during the program and into the job search process.

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

TechCrunch

billion in funding that had gone to all founders up until that point in 2020. . Also, Digitalundivided’s ProjectDiane 2020 report found that Black and Latinx women founders received just $1.7 ” On the diversity front, 2020 may prove a tipping point. As one evidence of that, last year Crunchbase found that as of Aug.

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