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Participants from all over the world are eligible to compete for more than $100,000 in prize money and also receive mentorship and other resources. Eligible startups compete to win funding, legal support, and mentorship totaling more than $100,000. It provides mentorship, networking, and equity-free grants up to $50,000.
billion venture dollars invested between 2018 and 2019. Founded in 2016 by former Dell executive Preston James, the organization aims to “e mpower people of color and women entrepreneurs and help them build successful high-growth businesses by providing them with access to education, mentorship and vital networks.”
The program , held virtually , provided these startups with funding ($100,000 convertible note and $20,000 stipend), mentorship and access to its network. But so far, it has invested in 10 this year and a total of 13 since 2018.
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