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Meet Evan Fay, The Founder Of Detroit's First Black-Owned Brewery

Entrepreneur Evan Fay has a new venture launching. In 2024, Fay, a U.S. Air Force veteran and California native with experience in real estate, celebrated the grand opening of his French-inspired coffee shop, Café Noir, in North Detroit, MI. He and his business partner , Asher Van Sickle, opened the shop to “provide a welcoming space for people to connect, socialize, and build community,” the Detroit Metro Times reports. “Yes, we want to offer coffee and really good food but we also want to be community-centric… We just want to offer a space that is inviting and if you need to use it or there’s a private event or whatever, we want to make sure that we’re that space,” Fay said at the time, per the outlet. “We’ve gotten a lot of positive feedback, a lot of people have been very excited about coming to the space and showing support. We’re really thankful to the community in the North End. We’re really excited. We’re here to be consistent and be available for people to come.” View this...

Mar 25, 2025

Fifteen Percent Pledge Partners With Kevin Hart's Hartbeat Ventures And A16z's Cultural Leadership Fund To Launch Grant Supercharging Black Entrepreneurs Using AI

Kevin Hart is aligning himself with an initiative to support Black founders using artificial intelligence (AI). The AI Illumination Grant has been launched by the Fifteen Percent Pledge, a nonprofit advocacy organization founded by Aurora James. The initiative challenges retailers and corporations to allocate 15% of their shelf space to Black-owned brands. As AFROTECH™ previously reported, 29 retailers have committed to this pledge, benefiting 800 Black-owned brands . The Fifteen Percent Pledge is scaling its efforts to support Black entrepreneurs with the aid of Kevin Hart’s Hartbeat Ventures and Andreessen Horowitz’s (A16z) Cultural Leadership Fund. Eligible members of the Fifteen Percent Pledge’s Business Equity Community are invited to apply for a chance to gain insights on leveraging AI and compete for a share of a $35,000 grant pool—$20,000 for the winner and $15,000 for the runner-up. “It is specifically focused on ensuring that the Black founders that are a part of the 15%...

Mar 19, 2025

Following The Passing Of Grammy-Nominated Soul Artist Angie Stone, Her Catalog Experiences 1,300% Uptick in Streams

Fans are flocking to support the music of the late Angie Stone. The Grammy-nominated soul artist and member of The Sequence passed away on March 1, 2025, at 63 years old, according to Variety. Stone was in a car accident with an 18-wheeler while traveling from Montgomery, AL, to Atlanta, GA, causing her vehicle to overturn three times. Of the nine passengers in her van, she was the only one who did not survive. Stone, born in Columbia, SC, is survived by her children Diamond Stone and Michael Archer and her grandchildren. “Never in a million years did we ever expect to get this horrible news,” Diamond and Michael said in a statement, the outlet notes. “Our mom is and will always be our everything. We are still trying to process and are completely heartbroken.” Stone leaves behind an imprint that includes her most revered song, 2001’s “Wish I Didn’t Miss You,” 10 solo albums, and three Grammy nominations in categories including: best R&B performance by a duo or group with vocals...

Mar 14, 2025

Mark Cuban Tells Black Women Entrepreneurs 'Not To Look For Funding' — Here's Why

Mark Cuban believes Black women founders should prioritize bootstrapping their businesses. Cuban has found great success and is a well-regarded entrepreneur, businessman, and billionaire. His impressive list of business ventures and investments includes being the majority owner of the Dallas Mavericks. In 2023, he sold most of his stake and now owns 27% of the organization, per NBC News. Cuban is also a serial investor with a portfolio that includes Black-led edtech company Beanstack. As AFROTECH™ previously told you, the company, owned by married couple Felix Brandon Lloyd (CEO) and Jordan Lloyd Bookey, appeared on Shark Tank and scored a $250,000 investment from Cuban, who later participated in its $1.5 million seed round led by Riverside Acceleration Capital and Evoce Capital. According to CNBC, Cuban launched his journey into entrepreneurship by launching MicroSolutions with a personal investment of $2,000. The software company found itself in difficult circumstances after...

Mar 13, 2025

Junior Bridgeman, Billionaire And Former NBA Star Who Owned Ebony And Jet, Passes Away At 71

Junior Bridgeman has passed away at 71 years old, leaving behind a lasting legacy. The former NBA Milwaukee Bucks player who became a prominent businessman died on March 11, 2025, following a medical emergency. He had collapsed during a luncheon at the Galt House Hotel in Louisville, KY, for the Lincoln Heritage Council of the Boy Scouts of America, according to WDRB. His exact cause of death has not been confirmed, but various Louisville television stations reported that he was seen holding his chest at a point during the event, per ESPN. “We express our heartfelt condolences to Junior’s wife, Doris, their children, Eden, Justin and Ryan, the Bucks organization, and his many friends and admirers in the basketball community,” NBA Commissioner Adam Silver said in a statement, notes ESPN. Bridgeman was a well respected figure for his accomplishments on and off the court. In fact, his jersey was retired at Fiserv Forum, the Milwaukee Bucks’ home arena in Wisconsin, in 1988 to honor his...

Mar 12, 2025

Flo Rida Invests $10M In His Hometown, Opening Miami Gardens’ First Black-Owned Plaza

Flo Rida made history when he purchased a shopping plaza to champion local businesses. As AFROTECH™ previously told you, Flo Rida—born Tramar Lacel Dillard—purchased the Cloverleaf Plaza shopping center in Miami Gardens in 2023 alongside his business manager, Lee “Freezy” Prince. The fully leased property was secured in a $10 million deal . This investment came on the heels of Flo Rida’s legal victory against Celsius over a breach of contract, which resulted in an $82.6 million award, per CBS News. “You might own a house and things like that, but growing up just looking at highrises and things like that, the first thing is not to think that you can own it,” Flo Rida told the Miami Herald. “Maybe you have a spot there, but you won’t really own it. So to actually own our own plaza is just phenomenal.” The plaza is home to several businesses, including Cloverleaf Beauty Supply, Creole Kitchen, Boost Mobile, Top Notch Cigars & Smoke Shop, and Flowers by Grace, a staple for three decades...

Mar 11, 2025