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

TechCrunch

of total funding in 2020 , according to Crunchbase data. . In conjunction with announcing Best Buy’s commitment to the fund, the company and venture firm said they would jointly launch an entrepreneurship program at Best Buy Teen Tech Centers to help develop young entrepreneurs through education, mentorship, networking and funding access.

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

TechCrunch

Resource also plans to build a national community of practice among ESO leaders of color and their funders to share best practices and “develop stronger capital and mentorship pathways” for Black, Latinx and Indigenous founders across the U.S. On the diversity front, 2020 may prove a tipping point.

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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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25 Sources For Funding Minority Entrepreneurs

Smart Hustle Magazine

The NASE has been around since 1981, providing entrepreneurs and micro-businesses, including those by minority owners with access to grants and educational resources. It is also a competition that provides the opportunity for start-ups to grow and has been doing so since 2017. These are needed for any business to grow.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

But most venture-backed startups are “still overwhelmingly white, male, Ivy-League-educated and based in Silicon Valley,” according to a study conducted by RateMyInvestor and Diversity VC. These types of accelerators offer startups workshops, technical and business mentorship, and access to a network of partners, customers and stakeholders.

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These 3 Entrepreneurs Share Tips for Overcoming E-Commerce Product Launch Obstacles

StartupNation

Consumers around the world spent $900 billion at online retailers in 2020, according to report from the Mastercard Economics Institute. Here are a few stories from entrepreneurs who overcame challenges to run profitable e-commerce businesses: Take time to educate yourself. Up to 30% of that shift is expected to be permanent, too.

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Top Detroit Startups and Tech Companies to Watch in 2022

StartupNation

Based in Detroit, Autobooks offers a number of wellness benefits, plus great financial and educational benefits. In 2020, TIME listed Guardhat’s smart hat as one of the best inventions of the year. They are committed to diversity and invest in the education of their employees. Apply now to Autobooks. Our Next Energy.

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