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Macy’s is investing $30 million in minority-owned businesses

The store chain will provide funding to businesses run by founders in the retail industry, says the New York Times.

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Current small-business grants for women and minority entrepreneurs

Small Business Trends rounds up the latest opportunities that can help level the entrepreneurial playing field.

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What you can learn from one Black woman founder’s successful pitch deck

Insider shows the step-by-step from Osahon Ojeaga, cofounder of hair extension startup Nourie, which raised $2.5 million in seed money.

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Health care founders of color can get help from accelerators

California Health Care Foundation showcases accelerators that offer both financial and technical assistance.

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Our Village United, with support from Walmart, launches incubator for Black women founders

Essence reports that Walmart’s grant to OVU will help provide retail-facing small businesses with the tools and resources they need to thrive.

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McKinsey is looking for the “next Black unicorn”

The company announced its Next 1B business acceleration program for Black-owned consumer and retail brands, says Black Enterprise.

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Financial support for Black-owned businesses

This overview from Bankrate includes potential funding sources as well as organizations that can help connect Black-owned businesses to capital.

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A new small-business down payment grant program for women and minority founders

Bank of America’s new program offers grants for SBA 504 and 7(a) commercial real estate loans for women and minority business owners.

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Cisco’s Aspire Fund invests in startups led by people of color and women

Launched in 2020, Aspire also invests in venture funds led by diverse founders, says CRN.com.

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Do you know about these 5 great sources of business funding?

Go Banking Rates rounds up resources that can be especially helpful for women and minorities.

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Jrue and Lauren Holiday’s fund helps Black-owned businesses to thrive

JLH Social Impact Fund was founded by husband-wife team NBA star Jrue Holiday and retired soccer champ Lauren Cheney Holiday, says SI.

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10 great grants and resources for minority-owned businesses

Nerd Wallet rounds up grants and sources to help small businesses bridge the funding gap.

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SOAR has money for small businesses in Florida and the US South

Entrepreneurs can apply for loans of as much as $100,000, reports Public News Service.

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With $412 million in assets, this VC fund says 69% of its companies have BIPOC founders

Majority Black-owned MaC Venture Capital also notes that 36% of its portfolio companies are led by women founders, reports US News.

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A new fund helps Detroit’s Black and Brown developers scale their businesses

Ebiara has $11 million to provide early-stage capital to minority-owned companies, says Black Enterprise.

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23 investors looking to fund women, Black, Latin and LGBTQ founders

B2 catalogues VCs that are on a mission to improve the flow of capital to underrepresented groups.

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What Black and women founders need to know about raising capital

Black Enterprise covers everything from presentations to exits.

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Detroit-area resources that connect Black business owners with capital

Model D rounds up organizations that help Black entrepreneurs find loans, grants and other types of funding.

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Base10 is the first Black-owned VC with more than $1 billion under management

The world's largest Black-led venture capital fund, Base10 recently closed a new $460 million fund for early-stage investments.

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Dallas hopes to attract diverse entrepreneurs with new $20 million fund

Impact Ventures wants to make the city a hub for “under-estimated” founders, says Dallas Innovates. Above, Benjamin Vann, founder and CEO at Impact Ventures.

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A new $50 million private equity fund for women and underrepresented founders

The Innovate Capital Growth Fund will invest in small business in Pennsylvania, New Jersey and other mid-Atlantic states, says The Philadelphia Inquirer.

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