Marcus Whitney’s newest enterprise is now up for business. According to a news release, Jumpstart Nova established its first venture fund on Wednesday, with $55 million to invest exclusively in Black founder-led health care enterprises. The fund’s original $30 million targets have been exceeded by $25 million.

Original Story by https://www.bizjournals.com/nashville/inno/stories/inno-insights/2022/01/12/jumpstart-nova-launches-with-55-million-fund.html

Riot Games has given $2 million to SoLa Impact’s I CAN Foundation, according to a press statement. The funds will be used to complete the Technology and Entrepreneurship Center at SoLa. In South Los Angeles, the center will offer free technological education to the next generation of Black and brown leaders, entrepreneurs, game creators, and others. According to the company’s website, students will also have the opportunity to develop vocational preparedness and skills.

Original story by msn.com/en-us/news/technology/riot-commits-2m-to-fund-sola-impact-s-technology-center-for-south-la-students-in-stem/ar-AASKyzx?ocid=BingNewsSearch

 More than half of the 530 startup acquisitions since the beginning of 2021 have been startups buying other firms. More early-stage companies are jumping on the M&A bandwagon to benefit from the technology and talent of their peers while also absorbing competitors. They’ve also discovered that transactions don’t have to come with the same high prices and red tape that larger corporations do. But as a founder what do you need to know about M&As?
The original story covered by https://techcrunch.com/2022/01/06/3-things-startup-founders-need-to-know-about-ma/

Black Girl Ventures has evolved from a community-building foundation with an increasing network to generate access to financing for women, with a concentration on crowdfunded pitch competitions. According to the site, 25 students will have the opportunity to bring their thoughts to reality and improve their business plans thanks to a new cooperation with the NBA and the establishment of the BGV NextGen Program.

Sherry Bell, founder of “Black Girl Ventures” announced the news on Twitter in August 2021. In a tweet, she wrote, “We are happy to announce that @blackgirlventures will be working with the @nba to create BGV NextGen.”

The BGV NextGen Program was designed with the next generation of Black and brown entrepreneurs at HBCUs around the country in mind. The mission will continue to battle as long as it exists.

The original story covered by https://www.blackenterprise.com/black-girl-ventures-to-activate-entrepreneurial-dreams-for-hbcu-students-new-partnership-and-nextgen-program/