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BLCK VC Launches Educational Program to Turn 300 Black Entrepreneurs Into Angel Investors

Nonprofit firm BLCK VC was designed to increase diversity in venture capital. Staying true to their goal, co-founders Sydney Sykes and Frederik Groce have launched the Black Venture Institute , an educational initiative dedicated to helping Black operators become angel investors. In a formal announcement , BLCK VC says that the institute is the brainchild of a partnership with Operator Collective , Salesforce Ventures , and Berkeley Haas School of Business. “These partners joined us on a journey that has been three years in the making, a journey built on the premise that if we want to make venture capital (and by extension the tech industry) a more diverse and equitable ecosystem, then we need to be the catalysts for this change,” said Groce. Today, we are excited to be announcing the Black Venture Institute! We are building structural solutions to structural problems. This is about education & access. Shout-out to our partners @SalesforceVC , @OperatorCollect and @BerkeleyHaas...

Oct 14, 2020