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Will Packer knows a thing or two about spotting a good story. With films like “Ride Along,” “Think Like a Man,” and “Stomp the Yard,” he’s turned everyday moments into box-office gold, built characters we root for, and created cultural blueprints that stick. But when the call came offering a confidential shot at owning a piece of an NFL team — no details, no guarantees — this wasn’t a plot twist in a film. This was real life. And it didn’t come with a pitch deck or press release. It came with a non-disclosure agreement and the vaguest of possibilities. “I said, NFL? National Food League?” Packer joked. “Because I know the NFL doesn’t just let people in.” The terms? Mysterious. The team? Unknown. The risk? High. But Packer signed the NDA anyway. That moment — unflashy, uncertain, but undeniably bold — set off a chain of events that would lead him not just into the NFL ownership circle but into a growing movement to rewrite what power and equity look like in professional sports. Fast...
Jennifer Lopez is on a mission to ensure that the Latina community has access to more opportunities. Inc. reports that the global star has partnered with Grameen America — a nonprofit organization dedicated to low-income women entrepreneurs — for Latina entrepreneurs to have the opportunity to receive a $14 billion infusion in loan capital by 2030 .
As the world continues to grapple with the effects of the pandemic, this organization is committed to empowering and uplifting Black communities through financial relief and support for those in need. Justin Shaw built Black Money Builder from the ground up as a way to support his community and it ended up being equally beneficial to him as he worked to overcome his own challenges. “In August 2019, I was diagnosed with stage four throat cancer and I was devastated by that news,” the Black Money Builder founder shared in an interview with AfroTech. “Going through chemotherapy and radiation treatment, I started to get the bill and quickly realized that the financial burden that the disease was going to be too much for me to handle by myself.” From there, Shaw’s wife started a crowdfunding campaign that really allowed family and friends to help through generosity. As he continued treatments, Shaw wanted to have the same effect on others as he received. After his journey, Justin Shaw...
Peanut, a women’s social network, has announced that it has launched a new microfund. According to TechCrunch, the StartHER microfund is designed to invest in pre-seed startups led by women. Officially, the outlet confirms that the microfund looks for pre-seed startups led by “historically excluded founders of all ages, life stages, ethnicities and sexual orientations.” The pre-seed funding round, typically called the “friends and family round” (so named because that’s who normally provides the funding for the startup), is often the most difficult to get funded in general. This pre-seed round becomes doubly difficult to fund when the founder is from a historically excluded group. And this, according to the Peanut CEO, is the gap that they’re looking to close. “Peanut’s StartHER fund opens the door to founders looking for that early funding. It’s our opportunity to finally level the playing field. We want to be the family these founders can turn to, opening the door to our...