SoftBank launches $100 million fund investing in 'people of colour'

📆 4/6/2020 12:11 am

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📆 4/6/2020 12:11 am
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SoftBank Group is launching a US$100 million fund to invest in 'companies led by founders and entrepreneurs of colour'. YahooFinance

TOKYO - SoftBank Group Corp is launching a $100 million fund to invest in"companies led by founders and entrepreneurs of colour", in the latest corporate action as protests roil the United States.

It will invest in entrepreneurs"from communities that face systemic disadvantages in building and scaling their businesses," Claure wrote. "Racism is a lamentable thing," Son wrote on Twitter, ending his post with the hashtag #blacklivesmatter.

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