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Blog Startups

SBA TARGETS BLACK BUSINESS FOR MONEY

According to Godfrey Hinds, an economics specialist, the Small Business Bureau is working hard to build a marketing plan to engage impoverished populations with not only program information, but also empowering educational opportunities.

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The Top 10 Traits That Attract Investors To Your Startup

With the rise in startups, a whole new vocabulary has come about. Terms like “unicorn” and “pivot” are being used by people outside the startup sphere. Here’s a handy resource to reference when you need to reference terms you’ve never heard of.

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The amount of venture dollars going to Latinx startups jumped 143% last year

The amount of venture capital going into Latinx-founded startups surged last year, but such companies still get a disproportionately small percentage of total venture dollars, according to a new report.
Latinx-founded companies across the US raised $6.8 billion last year, according to the report Wednesday from Crunchbase. That amount was up 143% from the $2.8 billion such companies raised in 2020.

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The 11 Slides You Need to Have in Your Pitch Deck for 2022

If you’re soliciting funds for your company, having an impressive pitch deck is a must-have weapon in your fundraising arsenal. An excellent pitch deck piques the interest of potential investors in your idea and engages them in a discussion about your company, hopefully leading to an investment.
In this essay, I’ll walk you through the formula for creating your own pitch deck.

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Blog Startups

How to Build a Social Media Strategy for Your Startup

Your startup’s hidden weapon for increasing brand awareness and lead generation could be social media. What’s the best part? It is a cost-effective marketing strategy. It’s no longer a channel you SHOULD use; it’s now a channel you HAVE to utilize. It’s the most popular and successful way to reach out to your target audience and promote your company. You’ve built a fantastic product or service, but the hard part is yet to come. The difficult part is persuading people why they should care about your company and what it can achieve for them. “Generating relevant traffic and leads are the top marketing problems for a business,” according to this survey.

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Serena Ventures raises $111 million for a new venture fund

Serena Williams’ early-stage startup capital firm, Serena Ventures, headquartered in San Francisco, has raised an inaugural fund of $111 million, which she told the DealBook newsletter will invest in founders with diverse points of view. The tennis star’s investing firm is already an active angel investor, with 60 firms in its portfolio, including SendWave, MasterClass, and Daily Harvest.

Ms. Williams, who has been investing for nine years, said, “I’ve always been fascinated with technology, and I’ve always appreciated how it actually impacts our lives.”
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Blog Startups The PISLA Beat

The pandemic saw a sharp rise in Black entrepreneurship. Here’s how these owners are getting off the ground.

Many firms are resuming operations as COVID restrictions loosen in Southern California. This includes a business called Post 21 in Downtown Disney, which has reopened following a pandemic-related closure.

Post 21 is the first African-American-owned business on a Disney resort. One of the co-founders, Blair Paysinger, claims her store sells beauty products, home goods, and children’s items, all from Black-owned businesses.

Paysinger explains, “The goal of the business was to gather them all into one area.” “Previously, if you wanted to help them, that was fine. But where do you look for them?”

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Blog Startups The PISLA Beat

How We Got Here And How We Get Out: A Q&A with venture capitalist Melissa Bradley on the Black funding gap

“Fortune,” sat down with Melissa Bradley, managing partner of 1863 Ventures, to talk about the funding divide between black and white entrepreneurs.

The evidence isn’t encouraging. According to Crunchbase data, just approximately 1.3 percent of US venture capital money went to Black-founded startups in 2021. Despite the fact that Black entrepreneurs raised $4.2 billion in venture capital last year, a 281 percent increase over the previous year, they still receive a fraction of the money accessible to their white counterparts. They aren’t alone; there are significant disparities in Latino and women-owned firms as well, but each group has unique problems.

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Blog Startups The PISLA Beat

Helping Black Businesses Achieve Success

Owned by BLK The BYEH’s Trailblazer Program, a Bootcamp program for Black identifying Youth Entrepreneurs has been launched by HamOnt, a Black entrepreneur support network!
For entrepreneurs ages 18 to 39, BLK OWNED has designed a Bootcamp program to help Black entrepreneurs set up their businesses for success. This is an 8-week program that runs from March 5th to April 14th and covers themes like marketing, sales, and company digitization.

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Blog Startups The PISLA Beat

Black History Month Campaign Honors Black Future Makers

Shania Accius, a Black Future-Maker started the Zawadi Cultural Collective to organize cultural events in the San Fernando Valley.

Acius leads an all-Black Girl Scout troop that emphasizes character, culture, and community. When she identified the need for a resource hub, she started a Black business Facebook group, which now has 4,000 members.


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