- Breaking into a male-dominated industry like venture capital may well be a leading indicator of ability to invest in underdeveloped markets.
- The tagline was The Future Now. It might as well have been The Future is Female. The 9th annual Global Entrepreneurship Summit, a joint initiative by the U.S. and Dutch governments, convened this week in the Dutch city of The Hague (my new home).
- MMC Ventures and social enterprise lender FSE Group have clinched £100 million ($127 million) to advance the city’s startup scene.
- A key source of StandUp’s pipeline is Toronto-based startup hub MaRS’s Investment Accelerator Fund, which backs science and tech entrepreneurs and where McBane serves as a director.
- Amsterdam-based Project Cece makes ethical and sustainable fashion more accessible to people through an online marketplace that aggregates responsible brands.
- Most of the funding—$145 million—will be invested in financial institutions that lend to small businesses, while $50 million will be committed to Egyptian startup accelerators and venture capital funds that are fostering entrepreneurship.
ImpactAlpha, April 22 – Tennis mega-star Serena Williams has (not-so-quietly) invested millions over the last five years into dozens of diverse-led and impactful startups. Last week, Williams formally unveiled the full portfolio of Serena Ventures, which “invests in companies that embrace diverse leadership, individual empowerment, creativity and opportunity,” according to its website. There’s Mayvenn, the online marketplace