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Editorial Note: Opinions and thoughts are the authorâs own and not those of AFROTECHâą. Companies and products are often designed with younger generations, like Gen Z and Millennials, in mind. However, this emphasis often causes the industry to overlook older generations who also need technology tailored to their needs. One would think this would be an obvious market, given that Gen X and Boomers hold more wealth than younger generations. That wealth alone makes them an attractive customer base because they can afford the products and services being developed. Even so, there hasnât been much focus from tech investors or founders on creating solutions for this demographic. How often have you come across a founder or investor saying, âWeâre building this for Gen X or Boomersâ? Rarely, if ever. This is a massively overlooked opportunity. One reason for this lack of attention is that the tech industry is perpetually focused on the future. Rarely does it look to the past. When developing...
Moses West wants clean water to be accessible to all. Solving An Issue Impacting Billions The U.S. Army veteran and engineer has used technology to develop an Atmospheric Water Generator that turns air into clean water. This groundbreaking invention has the potential to address the needs of more than a billion people who currently do not have clean water. Forbes reports that while water covers 70% of our planet, only 3% is fresh, and the majority of this fresh water â two-thirds â is held in frozen glaciers. It also highlights that 1.1 billion people lack water access, 2.7 billion struggle to find clean water at least one month each year, and 2.4 billion face issues with insufficient sanitation. Despite these statistics, West is looking to change these outcomes through his Atmospheric Water Generator. âThe one crisis that everyone says, âWeâre going to run out of water,â and Iâm sitting here saying, âNo youâre not. Youâre walking around in it every day. T rillions of gallons of it,...
A burger vending machine caught the attention of âShark Tankâ investors. RoboBurger is described as the âworldâs first burger chef in a vending format,â and it can reportedly prepare a hamburger in less than four minutes, per CNBC. The multi-patented idea was created by Dan Braido, Audley Wilson, and Andy Siegel who presented the idea on âShark Tank.â âThe RoboBurger provides a restaurant quality experience. The RoboChef grills the patty, toast the buns, adds the condiments, and delivers it all piping hot,â Braido said while pitching to âSharkâ judges Kevin OâLeary, Lori Greiner, Barbara Corcoran, and Mark Cuban, along with guest judge Fanatics CEO Michael Rubin. Wilson added, âThe vending machine brought us beverages more conveniently. The ATM, money on the go. And now RoboBurger brings us hot fresh delicious food anytime anywhere.â View this post on Instagram A post shared by RoboBurger (@roboburger) The founders were seeking a $1.5 million in exchange for 5% stake in the company,...
Usherâs nonprofit organization, Usherâs New Look, is working to make tech career paths more accessible for underserved youth. Essence reports that Usherâs New Look teamed up with IBMâs SkillsBuild program to provide young people who are supported by the nonprofit with free tech training including in AI. IBMâs free global platform provides educational pathways and content, particularly focused on career prep resources. âWe serve more than 1,500 youth per year, and all the students we serve will have access to SkillsBuild,â said Usherâs New Look CEO and President Careshia Moore, according to Essence. âAI is being infused into every part of our lives, particularly the workforce. We want to make sure that our young people are prepared for whatâs coming.â IBM Vice President and Chief Impact Officer Justina Nixon-Saintil chimed in, âIn the United States, we very much focus on partnerships like Usherâs New Look, where we can to bring the free training, the expertise from IBM, even job...
Entrepreneur Marcus Gram risked it all to find success. And, fortunately, it paid off.  View this post on Instagram  A post shared by AfroTech (@afro.tech) As AfroTech just told you, Gram is making a major splash in the vending business industry through Joyner Vending. Before stepping into the industry, he was earning $30,000 per year as a music producer.
Marcus Gram started from the bottom. Now, he is earning top dollars. CNBC Make It reports the 31-year-old started with $10,000 and a dream. Gram was making $30,000 per year and originally aspired to become a music producer. He later moved back home to find footing and saved money by living with his mother. He then moved to Philadelphia with aspirations to jumpstart an entrepreneurship journey. Marcus recalls seeing a woman retrieve money from a vending machine. That brief snapshot in time sparked his interest and his side hustle began. He invested $4,400 into two vending machines with two card readers in 2018. Gram earned $4,000 in his first year. Soon, his side hustle became a business, and Joyner Vending was born. One year later, his earnings soared to $25,000, and the year after that, $200,000. In 2021, Gram racked in $300,000. Fast forward to now, and Gram projects he is on track to earn half a million dollars this year alone. Gram shared his tips for success.
Google holds the throne as the leading search engine, but according to Insider, TikTok and Instagram might be coming for its spot. According to data revealed by the search engine, nearly half of Gen Z â whose ages range from seven to 25 â prefer to use TikTok and Instagram instead. âSomething like almost 40% of young people when theyâre looking for a place for lunch, they donât go to Google Maps or Search, they go to TikTok or Instagram,â said Prabhakar Raghavan, Google senior vice president, per the outlet. Â
Maya Ray is what we call post-grad goals. During her time as a college student, the Gen Z entrepreneur brainstormed a business idea that would have her financially set post-grad. A month after graduating from Georgia State University, the alumna launched FYC Vending â a vending machine company â which has generated $119,000 in sales, according to Business Insider.
Two students have made beauty supply products more accessible for their peers. While attending the University of Michigan, Mia Wilson and Rico Ozuna-Harrison recognized securing beauty products for people of color was far from easy. The nearest beauty supply store requires a 20-minute drive to Ypsilanti, MI, forcing students to purchase last resort products from nearby stores. âSupplies arenât directly on campus and there are no stores or beauty supplies for students of color nearby. The stores on campus are just Walgreens and CVS,â Wilson told AfroTech. âSo, oftentimes you canât find the proper products that will best suit our hair types in those stores.â The inconvenience sparked the inception of YOUniversity Beauty Supply Machine through their business Innovending LLC, to ensure Black and brown students were represented at the University of Michigan. The beauty dispensary can be found in the basement of the universityâs Union building and students can purchase hair oil, durags,...
LinkedIn is on a mission to support the Black community. According to information provided exclusively to AfroTech, LinkedIn will distribute $500,000 in grants to digitalundivided and Blavity.org. The contribution will propel LinkedInâs Black entrepreneurship fellowship programs and provide new economic pathways for the community. LinkedIn will work alongside the selected organizations to uplift the stories of rising entrepreneurs and instill awareness for additional capital and resources year-round. âAs a company, we are on a journey to create equal access to opportunity and help drive more equitable outcomes. Our strategic partners are essential in that journey and since 2020, we have donated $5 million in funding and services to organizations that support economic and workforce development within the Black community,â LinkedIn said in an article published. âWe selected digitalundivided and Blavity.org because of their holistic approach to developing, supporting and funding...