Collab Capital, an early-stage investment fund focused on start-ups led by Black founders, announced today the close of their inaugural $50 million fund. The fund’s mission? Build generational wealth by investing financial, human, and social capital to effectively support, grow, and sustain Black-owned innovative businesses. Limited partners include Apple, Goldman Sachs, Google, Paypal, Kapor Capital, Mailchimp and others.
“The significant investment gaps in Black-founded companies, particularly for Black women, holds everyone back,” said Jewel Burks Solomon, one of the managing partners of Collab Capital, an Atlanta-based venture capitalist firm. “ Now more than ever, the rest of the world has started to become acutely aware of what we’ve always known, Black founders deserve consistent access to capital as much as their non-Black counterparts. Our debut $50 million fund will help to mend the long-standing gender and racial disparity and drive economic recovery for not o
What It’s Like To Be Part of the Global Citizen Fellowship Program Powered by BeyGOOD
The 2021 Fellowship class share their experiences.
Why Global Citizens Should Care
South Africa is one of the countries with highest youth unemployment rates in the world. Global Citizen’s partnership with BeyGOOD is playing a crucial role in helping young South Africans and young Nigerians too as of this year by empowering them with a once in a lifetime opportunity to work at Global Citizen to gain the knowledge and skills they need to thrive in society and help impact their communities. Join the movement and take action here to help support youth empowerment and help end extreme poverty.