A weekly roundup of fund, accelerator and incubator news Welcome to The Hub, your spot for venture capital, accelerator and incubator news. In this news roundup, we’ll provide you with the latest on organizations working to support, educate and fund innovators and their ideas. We’ll highlight cohort applications, people to know in the incubator world […]
Melissa Bradley
Fund of the Week: 1863 Ventures Invests In New Majority Entrepreneurs Aiming For Scale
Fund: 1863 VenturesWashington, D.C.First close of $2.5 million, aiming to raise $10-$20 million What it is: An impact-oriented venture capital fund investing in New Majority entrepreneurs. The fund is attached to a business development program committed to accelerating New Majority entrepreneurs from high potential to high growth. 1863 Ventures and its affiliated program have supported 559 founders; about 90% of […]
Conversations With Black VCs: ‘We Don’t Need Another PR Stunt’
The massive racial justice movement ignited by the death of George Floyd at the hands of a Minneapolis policeman in late May has gained swift momentum across the United States. Many previously complacent non-Blacks have joined Black protestors for daily demonstrations in the streets perhaps triggered by the horrific video of George Floyd and hiscrushing […]