Blacktech Week Launches $50,000 National Startup Challenge For Black Entrepreneurs

Blacktech Week Launches $50,000 National Startup Challenge For Black Entrepreneurs

BlackTech Week & Arch Grants team up to help black entrepreneurs gain access to funding.

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Because securing capital continues to be a major barrier to entry for startups that are founded by minority entrepreneurs, Blacktech Week & Arch Grants have decided to partner together to help close the access gap. One lucky innovative & scalable startup will win a $50,000 equity-free cash grant that will also provide pro bono supported services (i.e. personal introductions to strategic business and civic leaders & access to angel investment and venture capital networks) to the company that is located in or will re-locate their headquarters to St. Louis, Missouri.

BlackTech Weekend (February 23-25, 2017, in Miami, Florida) is a weekend that highlights cutting-edge technologies and entrepreneurial innovation in the black community. This year’s theme is “Access to Funding where the organization launched a Weekend version of their key program to get entrepreneurs close access and support from investors looking to invest in Minority led companies.” 2017 BlackTech Weekend Speakers include (more will be added): Michael Seibel (Y Combinator-CEO); Marlon C. Nichols (Cross Culture Ventures); Lauren Maillian (LMB Group star of We TV Show Quite your Day Job); Armando Seay (Ross Technologies); Monique Woodward (500 Startups); Richard Kerby (Venrock); Nnena Ukuku (Venture Gained Legal); and Peter Walker (JamKazam). Read more on BlackWebPro.com