Two local Black-led startups recently woke up to some good news. BlackVoicesWTTW
were awarded $100,000 each from the Google for Startups Black Founders Fund. The money is awarded to promising Black tech ventures, which historically have had difficulty accessing capital.According to a report by Crunchbase, in 2020, U.S. companies raised nearly $150 billion dollars in venture capital, but Black startup founders received less than 1% of that total.
“It’s going to allow us to double down on the engineering that’s required to stay relevant. We can’t afford at any moment for our website to go down,” said Eventnoire’s chief marketing officer Joshua Mercer. “It’s also going to allow us to do more marketing and more branding that’s needed to spread the word about our platform and what we’re seeking to accomplish.”
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