The Covid-19 crisis has exposed broadband deserts throughout America. Now, two Black executives are working to increase access in rural and urban areas by launching an infrastructure impact fund.
Black Enterprise reported that Morris Clark and Otis Ellis, both former executives at S&P 500 companies, started the new Epiphany Community Impact Fund.
“We are focusing on the full spectrum of infrastructure shortcomings that have resulted from a systemic lack of investment in underserved communities,” Clark and Ellis told the news outlet. “We are currently considering opportunities in broadband access and reliability, as well as transportation and education infrastructure.”
This edition of the Plug In South LA Beat, our curation of must-read innovation and tech news, delves into the state of high-speed internet access in America and how targeted investment could make a difference:
Black Execs Launch Infrastructure Impact Fund to Erase Broadband Deserts in Rural and Urban Areas