New Jersey announces $10M seed fund aimed at Black and Latinx founders
TechCrunch
APRIL 6, 2021
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. Venture firms rush to find ways to support Black founders and investors.
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