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HBCU Graduate Becomes The First Recipient To Access Microsoft's $50M Capital Fund

In September, Microsoft selected the first small business to receive $50 million in capital as a part of its latest initiative to support small businesses. Now, CourMed — a healthcare solution concierge delivery service founded by a Historically Black College and University (HBCU) graduate — is officially the first recipient. View this post on Instagram A post shared by CourMed® (@courmed) “The fund means a great deal to us as a startup,” said founder and CEO Derrick L. Miles in an interview with Yahoo!Finance. “It gives us the opportunity to go out and recruit A players. I believe that there’s a competitive advantage in the startup marketplace, and it’s the team who has the most A players who’s going to eventually win. So it’ll give us an opportunity to recruit marketing, IT, and sales executives to help us move a lot quicker.” Not only will Miles receive access to funding that is in the form of zero-interest loans from the computer company’s banking partner, but as an official...

Shanique Yates

Oct 11, 2021

This Black-Owned Tele-Pharmacy Company is Changing the Future of Medicine

Much of the healthcare industry has turned virtual and online since the widespread outbreak of COVID-19, leaving many companies with the task of finding safe solutions to still serve their clients and patients. As virtual health looks to gain momentum in the foreseeable future, tele-pharmacy startup CourMed is focusing on centering itself at the intersection of tech and healthcare. According to theGrio , the mobile application utilizes enterprise software to crowdsource medical supply deliveries from healthcare providers to patients safely and directly to their own homes. Launched in 2018, the startup targets patients who are 55 and older, as it aims to deliver items such as prescription meds, vitamins, supplements, CBD oil, home medical supplies, and more in addition to being a source of support. Prior to the pandemic, the demand for virtual health was low compared to where we find ourselves now as we seek an influx of virtual methods during social distancing, and CourMed is now...

Njera Perkins

Aug 28, 2020