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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

With venture investors committing to funding Black and minority founders, alongside the growing availability of government-backed proposals, such as New Jersey allocating $10 million to a seed fund for Black and Latinx startups , can we expect to see fundamental change? But what about the demographics of the VC firms?

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Black Innovation Alliance, Village Capital team up to support founders of color

TechCrunch

Resource’s “ESO Accelerator” will train startup ecosystem leaders on how to build a more financially sustainable organization, as well as help connect them to potential funders. ESOs “face record demand, declining resources and are chronically underestimated, underappreciated and underfunded,” the organizations say.

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Taking stock of the VC industry’s progress on diversity, equity and inclusion

TechCrunch

A new foreign investment bill will impact venture capital and the US startup ecosystem. The startup community must defend merit-based immigration. About 20% of firms reported having formal DEI programs focused on promotion (up from 5% in 2016), while 65% of firms have informal programs (compared with 39% in 2016).

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K-Startup Grand Challenge: The South Korea accelerator program that is ‘a gateway’ to doing business in Asia

AsiaTechDaily

In the fourth industrial revolution era, having succeeded as an economic powerhouse with a technological edge in manufacturing and industries led by large corporations, South Korea is now fostering disruptive innovation through startups. The country strives to create a balance between industrial conglomerates and the startup ecosystem.

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Top Detroit Startups and Tech Companies to Watch in 2022

StartupNation

Grand Circus continues to be one of the central players in the Detroit startup ecosystem, empowering people to enter the field of tech who might not otherwise have the opportunity. ToDoolie is a Detroit-based startup whose app allows homeowners to hire in local young people for help around the house. Apply now to Grand Circus.

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[OurCrowd in Business Wire] OurCrowd first Israeli company to partner with the Singapore Economic Development Board in the Global Innovation Alliance (GIA) programme

OurCrowd

Following the opening of the OurCrowd office in Singapore in 2016, as well as past collaborations with United Overseas Bank (UOB), Changi Airport, and Kepple, we will continue to strengthen the strategic partnerships driving corporate innovation between Singapore, the Israeli ecosystem and beyond.”.

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K-Startup Grand Challenge 2022: The world’s most tech-savvy country South Korea invites startups to grow their businesses

AsiaTechDaily

The biggest accelerator program, sponsored by the Korean government, supported by the Ministry of SMEs and Startups (MSS), and organized by the National IT Industry Promotion Agency (NIPA), will be held for 3.5 COMEUP is a global flagship startup event attended by startup founders, investors, VCs, entrepreneurs, and media.

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