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Funds offering ‘friends and family’ checks could bring the change underrepresented founders need

TechCrunch

A new white paper by the venture fund Fifth Star put into context how incongruous such statements are: The average friends and family round is $23,000. Black family wealth is $3,630 compared to $79,000 for white families; the average Black founder raises less than around $1,000 from family and friends. The median liquid U.S.

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EO Members Share Takeaways from 2023 WEF in Davos

Entrepreneurs' Organization

Pajani Singah’s company, Amazonia Impact Ventures , was named Top Innovation Winner of the World Economic Forum’s 2021 Tropical Forest Commodities Challenge for protecting the Amazon rainforest and improving the lives of its people through an innovative finance company that works directly with indigenous communities in the rainforests.

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

TechCrunch

You can impress accelerators by creating a pitch deck and a company video less than two minutes long that shows your founder and the product, and engaging with the fintech community to spread the news. The other alternative to accelerators is government funds, but they have had little success investing in startups for myriad reasons.