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Russell Center for Innovation and Entrepreneurship Is Raising $20 Million To Empower Black Businesses The Russell Center for Innovation and Entrepreneurship in Atlanta (RCIE) After achieving a milestone $25 million fundraising over the past two years, the Russell Center for Innovation and Entrepreneurship (RCIE) in Atlanta is boldly building on that drive this year. Calling itself the nation’s largest nonprofit center for Black entrepreneurs, the RCIE has finished work on Phase I and II with a capital raise of $12 million and $13 million, respectively. The RCIE initially pledged to build the center debt-free by reaching its $45 million “Beyond Innovation Campaign” goal. It started serving entrepreneurs in 2018.

United statesHermanj russellJay baileyRussell innovation centerHj russell coInnovation campaignNational bureau of economic researchRussell centerAtlanta university centerAfrican americanWashington postNational bureauEconomic researchBlack enterpriseLegacy concourseGreater atlanta