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Kappa Alpha Psi
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Many people are unable to reflect about the college experience without remembering the impact of fraternities and sororities. From the parties to the homecoming step shows, men and women from Black-Greek Letter organizations have been making social and societal impacts for over a century. Referred to as the National Pan-Hellenic Council (NPHC) or “the Divine Nine,” the historical organizations have collaborated with the United States Small Business Administration (SBA) to address the wealth gap through Black entrepreneurship.
This fraternity is putting brotherhood to the test with a new initiative to help startups and their respective communities build wealth. According to Watch The Yard, 18 members of Kappa Alpha Psi Fraternity, Inc. from all over the nation have partnered with 12 Black and brown executives to form an Equity Crowdfunding Portal. Seed At The Table is FINRA approved and a win-win situation as that it will provide access to capital for diverse founders and allow investors to place their stake in private businesses at lower minimums. “[Seed At The Table] is committed to spurring economic advancement and firmly believes both a founder’s ability to access capital and an individuals’ ability to invest in the business and products they consume are paramount to the viability of Black and Brown commerce,” said founding member and brother of Kappa Alpha Psi, Pierre Le Veaux, in an interview with Watch The Yard. Generally to invest in an early-stage startup, one must have an accredited investor...