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Why Black-Led Venture Firms Aren t Saving Black-Owned Businesses

Klaus Vedfelt/Getty Images Black founders often face disparity and discrimination as leaders in the venture capital industry. As some Black founders find success adjacent to wealthy white men, they may become less inclined to help Black businesses. This article originally appeared on The Plug, a news and information platform examining the Black innovation economy. One of the earliest documented Black-owned and operated venture capital firms, Syncom Venture Partners, set up shop in 1977. Headquartered in Silver Spring, Maryland, the firm is responsible for some of the earliest investments made in well-known formerly Black-owned telecommunications and media companies, including Black Entertainment Television (BET) and RadioOne Interactive. 

Building Mental Resilience for Women of Color in the Midst of COVID-19

EmPOWERED Women Roundtable virtual event: Building Mental Resilience for Women of Color in the Midst of COVID-19 In collaboration with the Association s Go Red for Women® movement, EmPOWERED to Serve™ will host an hour-long EmPOWERED Women Roundtable virtual event:  Building Mental Resilience for Women of Color in the Midst of COVID-19, on Tuesday, April 20, 2021 at 8 p.m. EST/7 p.m. CST/5 p.m. PST. The livestreamed event is free and open to the public. Attendees can register at the EmPOWERED to Serve website. The EmPOWERED to Serve platform harnesses the passion of individuals and organizations to overcome barriers to health equity.  Moderator Lorisa Bates, vice president of programming content strategy, co-productions and multiplatform at Black Entertainment Television (BET), will center the conversation around strategies and resources to promote mental and emotional well-being, resiliency and healing among Black and brown women.

The Day - Target, Netflix, Bank of America join group of companies and top executives in new statement opposing limits on voting rights

Published April 14. 2021 4:19PM  Todd C. Frankel and Jena McGregor, The Washington Post Get the weekly rundown Email Submit Hundreds of major companies and corporate leaders signed a statement released Wednesday that opposes laws that restrict voting rights, the latest step in an escalating battle over election laws being debated nationwide. The letter included support from recognizable corporate names such as Target, Netflix, Bank of America, Facebook, Cisco, Twitter, Microsoft, Starbucks, Amazon, Mastercard, American Airlines, United Airlines and Vanguard, as well as prominent people such as investor Warren Buffett, law firms and nonprofit organizations. But the statement was also notable for the names that were missing, including Delta Air Lines and Coca-Cola - two companies that earlier this month were among the first to oppose new voting rules in their home state of Georgia.

The Day - Target, Netflix, Bank of America join group of companies and top executives in new statement opposing limits on voting rights

The Day - Target, Netflix, Bank of America join group of companies and top executives in new statement opposing limits on voting rights
theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.

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