A healthy environment for startups begins with a targeted investment in the systems nurturing founders and budding entrepreneurs. That’s been the driving philosophy for Durham-based NC Idea Foundation, which since 2006 has invested millions to support maturing startup cultures in cities and towns across North Carolina. The privately-funded foundation has supported more than 250 North
- The school made a name for itself with a $20,000 curriculum that teaches coding and software engineering education to students of all backgrounds, and requires them to pay nothing upfront
- Climate change and inequality are getting worse as the technologies to solve them are getting better. Something’s got to give.
- The fund, which lends to minority entrepreneurs, was launched by JPMorgan in 2015 in partnership the Kellogg Foundation and Detroit Development Fund.
Investment vehicles designed to boost access to fair and decent work, housing and capital are proliferating. In venture capital, for example, Harlem Capital, Backstage Capital, Kapor Capital and others are creating funds to put capital into the hands of minority entrepreneurs. Harlem Capital recent found 105 U.S.-based startups with black and Latino founders that raised
- JPMorgan has doubled down on the Motor City and expanded its philanthropic city investment initiative to Chicago, Washington, D.C., and now, as many as 30 more cities.
- The venture fund has raised $2.5 million in new capital, bringing the fund’s final close to $25.2 million.