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COVID-19 disproportionately affected minority businesses, entrepreneurs, Kenan Institute finds


CHAPEL HILL – It’s clear the federal government prioritized supporting small businesses during the COVID-19 pandemic, despite issues in the rollout and implementation of federal programs like the Payroll Protection Program (PPP) and the Economic Injury Disaster Loans (EIDL), found a new report from the Kenan Institute of Private Enterprise and the Entrepreneurship Center at the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School.
But many black-owned businesses did not have access to funds made available through the Payroll Protection Program, and recent research has found that there is documented bias in lending and systemic reasons why black entrepreneurs may choose not to use traditional banks. ....

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UNC, Duke, Stanford, 100 Black Angels and Allies Fund team up to drive more diverse entrepreneurial ecosystems


by Special April 7, 2021 .
Editor’s note: LimeLight is a new feature from WRAL TechWire offering another means of publishing noteworthy news. Be sure to check out more LimeLight worthy news at this link.
CHAPEL HILL – UNC Kenan-Flagler’s Entrepreneurship (Eship) Center, an affiliated center of the Kenan Institute of Private Enterprise, announced Tuesday that affiliated-faculty at the Stanford Technology Ventures Program (STVP) and the Duke Innovation & Entrepreneurship Initiative (Duke I&E) are participating with the Eship Center, Opportunity Hub (OHUB) and 100 Black Angels and Allies Fund, to create more diverse, equitable, and inclusive entrepreneurial ecosystems.
The goal of this collaboration and engagement from multiple institutions is to address issues like DEI at a systemic organizational level, and to create more equitable ecosystems through the delivery of education, best practices, and actionable frameworks. ....

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Stanford and Duke join certification program to boost diversity education with investors and the c-suite – TechCrunch


Stanford and Duke join certification program to boost diversity education with investors and the C-suite
A partnership between the University of North Carolina’s Kenan Flagler Entrepreneurship Center, the Opportunity Hub and 100 Black Angels and Allies Fund, set up to improve representation and support of diverse founders in the tech industry, is getting more heavy-hitting partners from Duke and Stanford.
As part of the partnership, faculty affiliated with Stanford and Duke will join educators to staff the DEIS Practicum Certificate and Black Technology Ecosystem Investment Certificate programs, which, respectively, try to address ways in which management can engage in diversity and inclusion in a systemic way beyond simply human resources hires and equity in compensation and ways in which more Black investors can become involved in backing startups.   ....

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