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Michael Jordan & The Jordan Brand Select The Oakland Black Business Fund As A Community Grant Recipient

Michael Jordan and the Jordan Brand continue to make power moves within the Black community. PR Newswire reports that the Oakland Black Business Fund (OBBF) has been selected as the inaugural recipient of Michael Jordan and the Jordan Brand’s Community Grant. The initiative is part of the organization’s Black Community Commitment Grant Program and will be used to fund OBBF’s mission to build peer-to-peer relationships within Black business owners, Black technical assistance providers and tech companies. OBBF aims to offer a sustainable growth model for underserved and under-funded businesses coming out of the Bay Area. “OBBF has had the opportunity to partner with some of the country’s leading companies and financial institutions to support Black entrepreneurs in the Bay Area while addressing systemic biases that perpetuate the funding gap for Black businesses,” said OBBF Co-Founder Trevor Parham in an official statement. “We are grateful to the Jordan Brand for their support as we...

Sep 30, 2021

Black Women Founders Raise Over $70K to Fund New Wine Shop

This Black-owned wine shop is making its way to Oakland’s Black Arts Movement District. CoCo Noir Wine Shop & Bar was co-founded by Bay area natives Mari Kemp and Alicia Kidd and will open during the first quarter of 2021 with a focus on BIPOC (Black, Indigenous, and People of Color) along with women-owned brands made around the country. They will also work globally to pair them with a curated menu of small bites, reports EURweb . “We founded CoCo Noir to be a disruptor in the wine industry by offering a platform and a space for winemakers of color and women producing amazing wines and also expose those wines to an amazing demographic of people,” said Kidd, wine distributor and founder of The Wine Noire. Both of these women entrepreneurs aim to influence the wine culture that has continuously risen in Oakland’s nationally recognized culinary scene. Located at 13 th and Webster, Kemp and Kidd want CoCo Noir to be a place where all wine lovers (no matter the level) can not only...

Oct 28, 2020

Meet the Two Entrepreneurs Who Launched a $1B Investment Fund For Black Businesses

Black Americans are faced with two pandemics — COVID-19 and racism. Due to this, a lot of businesses have been forced to close or currently face the brink of extinction. Elisse Douglass and Trevor Parham are two entrepreneurs that have decided to give back during this time by helping local business during the pandemic. In June, they established the Oakland Black Business Fund which was created to aid Black-owned businesses in the Bay Area with a goal of $10 million. Their relief efforts also include a $1 billion investment fund that will help other Black entrepreneurs nationwide survive the economic fallout from the pandemic, Crunchbase reports . The fund first started after Douglass created a community-oriented crowdfunding site for businesses that had been affected by the Black Lives Matter protests. According to Crunchbase , after bringing in $100,000 in less than a week and a half, Parham shares that they had more money than they originally set out to make. “We immediately...

Sep 3, 2020

Rhyme Combinator Is Bringing Startup Life To The Stage With 'ZipSloth the Musical'

Fans who enjoy Hamilton and keep up with everything startups and Silicon Valley will rejoice to know that Rhyme Combinator’s ZipSloth the Musical exists.  It’s a story about two entrepreneurs chasing their dreams that was first performed in front of a sold-out crowd in 2016. The team behind Rhyme Combinator are a group of artists and founders putting those passions together to create this ode to entrepreneurial culture through the lens of creative media. ZipSloth the Musical was written and developed by founders including Beau Lewis, Jodie Ellis, Brent Schulkin and Jason Tan. Later on, co-producers including Anthony Veneziale (from Broadway’s In the Heights ) and Sara Faith Alterman (from Netflix’s Mortified ) joined the team. Other than taking place in the Bay Area and focusing on a unique storyline, ZipSloth the Musical is also different from other musicals because of the format. It includes video projection, tech and viral media in the show itself with the intention to hold the...