DBusiness Daily Update: 123NET in Southfield Partners to Help Close Detroit's Digital Divide, and More
Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.
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Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies.
Genius Guild Unveils Market Based Innovations to Close $16 Trillion Racial Funding Gap and End Racism Accomplished entrepreneur Kathryn Finney established business creation platform to support Black entrepreneurs News provided by Share this article Share this article ATLANTA, April 5, 2021 /PRNewswire/ -- Kathryn Finney, tech entrepreneur and investor, today announced the advancement from stealth of Genius Guild, a business creation platform devoted to supporting market-driven innovations to end racism. Using a venture studio model, Genius Guild invests in Black entrepreneurs building scalab...
Ann Arbor fintech startup Pocketnest lands new investment, expands customer base Jessica Willis An Ann Arbor-based financial technology company focused on helping consumers with their personal finance needs has closed on a new round of funding to help sustain its ongoing growth. Pocketnest Inc. announced late last week that it had closed on $500,000 in new growth capital, bringing its cumulative dollar amount raised to $1.2 million since 2018. The new funding was led by The Impact Seat, a management consulting firm in Boston, as well as Detroit-based venture capital firm ID Ventures, accordin...
close share links Businesses owned by women and people of color need concrete change and commitment on the part of banks and investors, not “diversity theater,” experts said at MIT Sloan’s recent The Inclusive Innovation Economy: Ideas + Actions panel. Work smart with our Thinking Forward newsletter Insights from MIT experts, delivered every Tuesday morning. Email Address Lecturer Malia Lazu moderated the panel, which featured Barbara Clarke, a technology investor and founder of The Impact Seat, and Quincy Miller, president of Eastern Bank. They discussed steps that banks, investors, a...