It’s always a brighter day whenever women of color secure funding. Project Entrepreneur, a UBS program, and Hello Alice, a platform helping small business owners, have recently added to the underrepresented group’s trail of success. To play a part in helping to close the equity gap and promote access to capital for Black and LatinX female founders of color, Democratizing the Friends & Family Round program was announced in October 2021. According to a press release, kicking off the season of 2022 wins, the program has awarded $1 million in grants to 40 female founders.