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FedEx Launches $1M Funded E-Commerce Learning Lab To Aid Diverse Businesses

FedEx has announced the launch of a brand-new initiative that’s helping small diverse businesses adapt to e-commerce models. An announcement from the company shares that the FedEx E-Commerce Learning Lab — developed in collaboration with nonprofit organization Accion Opportunity Fund (AOF) — is a hands-on program that’s designed to help diverse small business owners create and/or expand their e-commerce operations to innovate their business models. The FedEx E-Commerce Learning Lab — which is funded by a $1 million grant — was created out of a desire to help support women and people of color entrepreneurs whose businesses have been disproportionately impacted by the pandemic. As a result of the pandemic and social distancing rules, online shopping has become a wildly popular trend amongst consumers over the last year. However, many businesses were not equipped with a website or online shop to capitalize on this opportunity, especially Black, women and people of color-owned...

Njera Perkins

May 18, 2021

VC Firm Harlem Capital Receives $10M Investment From Apple to Support 1,000 Diverse Companies

The social unrest that occurred back in June inspired a lot of major corporations to step up with multi-million dollar initiatives aimed at bridging the gap between racial inequality and justice in America. Of those companies, Apple launched their own $100 million Racial Equity and Justice Initiative to help to disrupt systemic barriers for opportunity and fight against injustices faced by communities of color. The unfinished work of racial justice and equality call us all to account. Things must change, and Apple's committed to being a force for that change. Today, I'm proud to announce Apple’s Racial Equity and Justice Initiative, with a $100 million commitment. — Tim Cook (@tim_cook) June 11, 2020 As part of this financial pledge, Apple announced a rollout of a new set of projects designed to support the Propel Center’s learning hub for HBCUs, an Apple Developer Academy for coding and tech education for Detroit students, and venture capital funding for...

Njera Perkins

Jan 19, 2021