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SoftBank Investment Advisers and WeWork Labs have announced their Emerge Program for diverse entrepreneurs. The program is open to tech startups with at least one founder who is Black, Latinx, Native American, female/non-binary, a veteran, refugee, and/or LGBTQ+. The program aims to enhance the innovation of tech by incorporating founders from all backgrounds thus supporting companies that represent an inclusive world. The customized eight-week program will provide startups with educational sessions, access to SoftBank’s portfolio companies and professionals as well as WeWork’s global labs. Startup participation is equity-free and will also provide dedicated desk space and a WeWork Labs manager for the duration of the program. The program will allow founders to showcase their business to key investors and SoftBank Advisors at a showcase event on June 18. Other requirements for eligible participants include having a working product at Seed or Series A stage, at least one founder who...
WeWork Labs has its eyes set on food tech startups, according to TechCrunch . The innovation program was relaunched by WeWork, the coworking space giant, about a year ago. Now, it is hoping to grab the attention of early-stage startups from across the world. Currently, WeWork Labs has locations in Washington, D.C., New York City, Houston, and Seattle, along with various other international locations. The labs feature workshops, introductions to VCs, mentorship and pitch events to help founders grow their businesses and skills. WeWork Labs’ food tech initiative comes as more investors lean into food tech and other food-focused businesses. According to a report by Food Tech Connect , $1.08 billion in venture capital investments were made to 99 beverage and food industry agreements in 2017. “I do have to say, food carries a disproportionate amount of weight and attention,” Global Head of WeWork Labs Roee Adler said to TechCrunch. “We think it is one of the most exciting areas in the...