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This fraternity is putting brotherhood to the test with a new initiative to help startups and their respective communities build wealth. According to Watch The Yard, 18 members of Kappa Alpha Psi Fraternity, Inc. from all over the nation have partnered with 12 Black and brown executives to form an Equity Crowdfunding Portal. Seed At The Table is FINRA approved and a win-win situation as that it will provide access to capital for diverse founders and allow investors to place their stake in private businesses at lower minimums. “[Seed At The Table] is committed to spurring economic advancement and firmly believes both a founder’s ability to access capital and an individuals’ ability to invest in the business and products they consume are paramount to the viability of Black and Brown commerce,” said founding member and brother of Kappa Alpha Psi, Pierre Le Veaux, in an interview with Watch The Yard. Generally to invest in an early-stage startup, one must have an accredited investor...
Corporate and board diversity has been hot button topics for the last few months as people worldwide have demanded companies to make the necessary changes to increase Black and brown representation in leadership positions. As a result, Ursula Burns and Gabrielle Sulzberger as well as leading partners Teneo, the Ford Foundation, the Executive Leadership Council, and a group of founding parties have all banded together to launch the Board Diversity Action Alliance — a business-led initiative making strides to increase the representation of racially and ethnically diverse directors on corporate boards of directors, starting with Black directors, a press release reports . This initiative arrives just as conversations surrounding social justice continue to heighten, and is one of the nation’s first organizations to help dictate the racial makeup of a corporate board, according to Black Enterprise . “I truly believe this is a make or break moment for business and for society—driven by a...