Resource is the first-ever country-wide project to support entrepreneur support organizations led by and focused on entrepreneurs of color.
San Francisco, CA and Washington, DC, April 7, 2021 /3BL Media/ — Black Innovation Alliance and Village Capital today announced Resource, the first-ever country-wide project in the United States to support entrepreneur support organizations (ESOs) led by and focused on founders of color.
ESOs face record demand, declining resources and are chronically underestimated, underappreciated and underfunded. Through this project, local accelerators and incubators will provide the contextualized support the founders need to grow and scale.
Entrepreneurs of Color Fund will provide greater economic opportunity for small businesses that lack access to credit and primarily serve Detroit’s neighborhoods
DETROIT, September 15, 2015 /3BL Media/– The Detroit Development Fund (DDF), JPMorgan Chase & Co. and the W.K. Kellogg Foundation (WKKF) today announced a new $6.5 million lending program for Detroit businesses owned by entrepreneurs of color and businesses that primarily hire people of color. The Entrepreneurs of Color Fund will boost economic opportunity for minority-owned businesses in Detroit by providing them with greater access to capital and business assistance, allowing them to grow, hire local and further contribute to the city’s recovery.