In the News

This App is Helping Black Entrepreneurs Get Access to Mentorship From Industry Leaders

The Suites, a new platform and business community founded by Shimite Obialo, helps connect Black entrepreneurs to exclusive mentorship and fundraising opportunities.

As US Consumer Spending Returns to Normal, Interest in Investing Emerges as a Lasting Pandemic Legacy

For some consumers, their accumulated savings as well as stimulus checks helped fuel a surge of interest in active investments—which may be one of the lasting, if least expected, legacies of the pandemic.

Instacart Launches New Ad Program to Support Black-Owned CPG Brands

Through this new initiative, Instacart is offering Black-owned CPG brands the opportunity to reach a broader audience in the digital aisles with prominent advertising placement.

Ace Hardware Plans To Hire More Than 30,000 Employees This Summer

Ace Hardware is hiring more than 30,000 people at Ace stores and distribution centers nationwide in preparation for what is expected to be a busy summer at retail stores.

Lincoln University Names Gary Payton as First Basketball Coach in School History

Lincoln University has selected NBA legend, Gary Payton, as its new basketball coach. He will be the first basketball coach in school’s 101-year history and work to build a program. Payton is widely considered one of the greatest point guards of all time.

Estée Lauder Signs Adut Akech as New Global Brand Ambassador

Estée Lauder today announced that it has signed Adut Akech as its newest Global Brand Ambassador. Adut will feature in makeup and skincare campaigns across digital, in-store, TV and print, with her first campaigns debuting July 2021.

Uncle Nearest Whiskey to Invest $50 Million in Minority-Owned Spirit Brands

Uncle Nearest Premium Whiskey, the bestselling Black-owned whiskey brand, has announced the formation of the Uncle Nearest Venture Fund. The $50 million fund was created specifically to invest in rapidly growing, minority-founded and owned spirit brands.

#HIREBLACK to Match Black Women With Mentors at Top Companies in Celebration of Juneteenth

On June 17th, #HIREBLACK will match 500 Black women with executives at top companies as part of its largest career coaching event to-date.

PayPal Invests Additional $50 Million in Black and Latinx-Led Venture Capital Funds

PayPal has announced that it will invest an additional $50 million in 11 Black and Latinx-led early-stage…

Synchrony Commits $15 Million to Early Stage Black, Latinx and Female Venture Capital Funds

Synchrony Commits $15 Million to Minority-Led VC Funds

Financial services firm Synchrony has announced it will commit $15 million to venture capital funds led by Black, Latinx, and female investing partners. The first funds selected to receive money include Chingona Ventures, Seae Ventures, and Zeal Capital Partners.