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Derrick L. Miles

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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...

Oct 11, 2021