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BlackRocks Startups is on a Mission to Empower Black Entrepreneurs in Brazil

Brazil has one of the highest Black Populations , which only comes second to the country of Nigeria. According to Forbes, the country’s Black population spends about 1.7 trillion reais ($380 million) into the local economy. São Paulo-based BlackRocks Startups (BRS) wants to take advantage of that spending power and empower Black entrepreneurs and startups. BlackRocks is a company that creates an ecosystem that empowers  technological entrepreneurship and encourages economic growth for the Brazilian Black population. According to Forbes, in 2019, BRS supported five startups and has plans for 16 early-stage startups to participate in their program this year. BRS offers leadership development, a professional qualification program, and an innovation lab where participants can discuss ideas and prototypes. BRS also has an accelerator program that offers support from mentors in a chosen field as well as access to investors. This year’s accelerator will center around investment funds,...

Mar 8, 2020