Chicago s tech and business leaders launch TechChicago - a movement to increase visibility for the region s innovation strengths streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Tech start-ups often rely on investors to get their business up and running, but tech entrepreneurs of color often don’t get the same amount of funding as their white counterparts. That unequal playing field is what led to the creation of TechRise, a Chicago initiative to support and fund Black and Latino-owned tech companies.
The program was created by the nonprofit P33 with Verizon and business incubator 1871 to generate tech-related jobs and give $5 million for early-stage Black and Latino tech entrepreneurs.