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1863 Ventures

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According To 1863 Ventures' Melissa Bradley, 'Black People Are Still Popular,' But She's Not Sure How Long It's Going To Last

Since launching 1863 Ventures in 2016, Founder and Managing Partner Melissa Bradley has learned all about what it means to make changes to create an even greater impact. As previously reported by AfroTech, the D.C. -based company is on a mission to create $100 billion in new wealth by 2030 through its nonprofit programming and venture fund. Following her session titled, “Owning your Growth Trajectory in Today’ s Economy,” at Goldman Sachs 10,000 Small Businesses Summit, Bradley spoke about her own company’s shift in its course in an exclusive interview with AfroTech.

Ngozi Nwanji

Jul 29, 2022

Black and Brown Business Incubator 1863 Ventures Launches $850K+ Development Grant Program

1863 Ventures — a D.C. -based accelerator designed to bridge the gap between entrepreneurship and equity — has just launched a 3Rs (Recovery, Rebuild, Resilience) business development program to support Black and brown business owners. A press release reports that the new program will provide over $850,000 worth of grant funding from Capital One and The Rockefeller Foundation to help minority founders reevaluate their business models and navigate their companies in a post-pandemic state. The 3Rs program aims to not just financially-back these founders, but also empower them to grow through a live and online curated business development curriculum, as well as 1:1 business coaching. “1863 Ventures is humbled to work with Capital One and The Rockefeller Foundation to help Black entrepreneurs in place. Black entrepreneurs were the hardest hit during the pandemic but received the lowest levels of investment to survive,” said Melissa Bradley, Founder and Managing Partner of 1863 Ventures,...

Njera Perkins

Mar 3, 2021