Why the Owners of the Nets Are Funding Tech Start-ups
BX-XL was set up to provide funding to entrepreneurs in Brooklyn from diverse backgrounds.
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BX-XL was set up to provide funding to entrepreneurs in Brooklyn from diverse backgrounds.
NEW YORK—Clara Wu Tsai, co-owner of the Brooklyn Nets, launched the largest business accelerator for minority founders of ...
Clara Wu Tsai, co-owner of the Brooklyn Nets, launched the largest business accelerator for minority founders of early-stage startups on Monday. Named BK-XL, the accelerator will invest up to $500,000 to 12 startups led by Black, Indigenous and other minority founders in 2023. The accelerator is another piece of her racial justice work, with her husband Joe Tsai, to improve economic mobility for minorities. Because of their ownership of the Brooklyn Nets and the Barclays Center arena in Brooklyn, they have decided to focus their economic mobility donations and investments in the New York City ...
Clara Wu Tsai, co-owner of the Brooklyn Nets, launched the largest business accelerator for minority founders of early-stage startups on Monday
Billionaire Clara Wu Tsai has launched applications for a $6 million BIPOC startup accelerator—the largest of its kind in the country