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New Silicon Valley Accelerator Program for Black Entrepreneurs Launched by African Diaspora Network and Key Partners
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Builders of America’s Future pilot program made possible by partnerships with Bay Area organizations Bill.com, Silicon Valley Community Foundation, Santa Clara University’s Leavey School of Business- Silicon Valley Executive Center Lack of access to capital and funder networks are long standing barriers against the growth of Black-led businesses. At ADN, we know that partnerships are key to transforming systems says Almaz Negash, Founder and Executive Director African Diaspora Network. SILICON VALLEY, Calif. (PRWEB) February 23, 2021 Building off 10 years of bringing Africans and friends of Africa together to invest in African-based Black entrepreneurs, the African Diaspora Network (ADN) is set to launch a new pilot program designed to expand economic pathways and advance the
SILICON VALLEY, Calif. (KGO) In a little more than three weeks, we will hit one year since the Bay Area went into pandemic lockdown.
The nearly year-long pandemic has hammered Silicon Valley, creating new problems and making existing ones worse. The analysis contained in Joint Venture s new Silicon Valley Index points out, for example, that unemployment brushed close to 12 percent, worse than during the 2008 recession and the dot-com bust. It was upwards of 30 percent for some segments of our population, particularly those who were earning poverty wages, said Rachel Massaro, research director at Joint Venture Silicon Valley s Institute for Regional Studies.
These are the donors who gave the most in 2020, according to the Philanthropy 50, an annual ranking compiled by the Chronicle of Philanthropy, per the AP . A searchable database.
Funders Join Together to Launch $100 Million California Black Freedom Fund
New Fund Invests in Black Power-Building and Organizing in California
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MOUNTAIN VIEW, Calif., Feb. 4, 2021 /PRNewswire/ Today, philanthropic organizations and funders joined together to launch the California Black Freedom Fund, a new $100 million initiative to provide abundant resources to Black-led power-building organizations in the state over the next five years. Co-created with Black leaders and organizers, the first-of-its-kind fund will ensure that California s growing ecosystem of locally rooted Black-led organizing efforts have the sustained investments and resources they need to eradicate systemic and institutional racism.