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Tech program launches to support city s Black and Latinx entrepreneurs

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.

Tech program TechRise launches to support city s Black and Latino entrepreneurs

P33, a Chicago nonprofit focused on connecting entrepreneurs to resources and funding, created the TechRise initiative as a way to support Black and Latinx tech founders. Several national and Chicago-based organizations have joined together to support early-stage Black and Latino tech entrepreneurs through ample funding and resources. The program TechRise was created by the nonprofit P33 in partnership with Verizon and 1871, a private business incubator and technology hub, among others, with the goal of narrowing the wealth gap in Chicago, generating thousands of tech-related jobs and giving $5 million in grant funding to Black and Latino entrepreneurs. Desiree Vargas Wrigley, executive director of TechRise by P33, said in helping to establish the initiative, she thought of ways to give diverse tech founders what they need most capital and resources for those who don’t have family or personal wealth to tap into and the chance to build community and connection, particularly fo

P33, Verizon launch $5M fund for Black, Hispanic startups

P33, Verizon launch $5M fund for Black, Hispanic startups
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