The wealth gap remains wide despite the influx of cash for creatives of color in the post-George Floyd era.
Now a new group is hoping to do its part, however small, to help right that.
“For the Black community, entrepreneurship offers a clear path to decreasing the wealth divide,” said Maestra cofounder Stacie Gillian. “When we directly compare the earning power of Black and white business owners, we know that through entrepreneurship we can decrease this gap significantly.” Beyond the funding, fellowship recipients — which include Appdrop ; Budget Collector ; De L’or Cakery ; Hey Girl Hey , and luxury shoe brand Keeyahri — will be placed in an accelerator program with monthly cohort sessions and regular coaching. Fellows will also receive guidance from Fiverr’s senior management team as well as access to its platform, plus the ability to join 1863 Ventures’ weekly entrepreneur webinar sessions.
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