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Music Industry Moves: Pharrell Williams, Black Ambition Prize Gift $2 Million; Beckie Sugden Joins ICM/Primary Talent

Music Industry Moves: Pharrell Williams, Black Ambition Prize Gift $2 Million; Beckie Sugden Joins ICM/Primary Talent Variety 2 hrs ago © Andrew H. Walker/Variety Pharrell Williams helped hand out more than $2 million in grant money to finalists of the Black Ambition Prize. Livegistics was awarded $1 million and the Black Ambition HBCU grand prize winner, Dosso Beauty, was gifted $250,000. Nine additional finalists will see prizes of over $100,000. Of more than 1,700 applicants, 34 finalists received financial awards of at least $15,000 and will continue to participate in the organization’s mentorship initiatives through the end of August. Black Ambition’s coaches include Jonah Peretti, CEO, BuzzFeed; Tracy Gray, founder and managing partner of The 22 Fund; Noel Fenton, founding Partner of Trinity Ventures; Joann Chen, senior advisor of JFF Employment Technology Fund; and Jessica Salinas, VP of investments, new media. Black Ambition is headed by CEO Felecia Hatcher.

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The Brief: Inclusive community lending, industrial modernization, Kenya COVID relief, carbon tracking tech, getting impact-first capital off the sidelines

The Brief: Inclusive community lending, industrial modernization, Kenya COVID relief, carbon tracking tech, getting impact-first capital off the sidelines
impactalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from impactalpha.com Daily Mail and Mail on Sunday newspapers.

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Level closes $1 5M to provide financial services to gig workers – TechCrunch

Level closes $1.5M to provide financial services to gig workers This morning Level, a Seattle-based startup that offers credit to gig-economy workers, announced that it has raised a $1.5 million pre-seed round. Level intends to provide various services to gig-economy workers, starting with a financing product. The goal of Level today is to furnish access to credit to workers who might not be able to tap it from traditional sources, using their current income from freelance work to back the advance; akin to revenue-based financing for startups, workers can borrow a set amount, and pay back a portion of their future earnings until the debt is settled.

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