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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...

May 18, 2021

Kyrie Irving Announces Consulting Firm To Mentor Underrepresented Businesses

Brooklyn Nets star Kyrie Irving has announced the launch of his new consulting firm, KAI Eleven Consulting, LLC (KAI 11 Consulting), that aims to assist underrepresented entrepreneurs across industries, including Black and women-owned businesses. According to a press release, KAI 11 Consulting — in partnership with KAI Family Foundation and Lockstep Ventures — will provide programs and mentoring services to offer business owners access to “development coaches, area managers and growth groups that offer roadmaps to scaling and cultivating efficiencies.” The consulting firm will also make it a point to provide resources to help close the financial gap across various communities. “We must give our people the proper resources and stewardship for them to win beyond traditional investment vehicles,” founder Irving said in a statement. “This is not only essential to closing the wealth gap, but it also fosters a more unified, empowered, and liberated society.” According to information...

May 11, 2021

Kim Crawford Wines Commits to Investing $50K Toward Black Girl Ventures' Virtual Pitch Competition

Two women-led brands are joining forces to search for the latest innovators in self-care, technology, and wellness. Kim Crawford Wines — the No. 1 Sauvignon Blanc and leading New Zealand wine brand in the U.S. — has announced a new partnership with non-profit Black Girl Ventures (BGV), the largest pitch program for Black and brown women in the world. The BGV x Kim Crawford Wines Pitch Competition is a national crowdfunding virtual pitch competition that will promote women working to bring their dreams to life while reiterating the two brands’ shared values of not only empowering female trailblazers but celebrating self-confidence every step of the way. “We’re excited to partner with Kim Crawford Wines to make this pitch competition possible,” said Shelly Bell, Founder, and CEO of Black Girl Ventures in an official news release. “This collaboration will create access to capital for Black and brown women-identifying founders, and will also connect them to community and professionals...

Mar 11, 2021

Pyer Moss Founder Kerby Jean-Raymond Donates $50K to Minority and Women-Led Small Businesses

Designer Kerby Jean-Raymond of Pyer Moss has pledged to combat the damage that the coronavirus pandemic is currently inflicting on his community. Via an Instagram announcemen t on his personal page, the founder detailed Your Friends In New York, an initiative to help alleviate financial and supply issues for independent businesses and medical professionals. For minority and women-owned small creative businesses, the New York-based designer promises to set aside $50,000.   View this post on Instagram   Imperfect Solutions — Part 2 A post shared by Kerby Jean-Raymond (@kerbito) on Mar 18, 2020 at 8:23am PDT In addition to helping cover payrolls and business costs, Jean-Raymond decided to convert his Pyer Moss office in NYC into a donation center. There, he requests drop-offs of basic medical supplies. “I’ve been getting an influx of messages from medical professionals on the front lines, who have been treating this pandemic, about their shortage of basic supplies,” he wrote. “Many of...

Mar 19, 2020

Women's Co-Working Space The Wing Has Changed Its Membership Policy To Include All Genders

The Wing, the popular co-working space dedicated to women, has changed it’s membership rules to include all genders, Business Insider Reported. In September, The Wing was sued for gender discrimination by 53-year old, James E. Pietrangelo, after he was allegedly told that his application into the co-working space would be denied “because he is a man.” Pietrangelo is suing The Wing for possibly up to $12 million. The lawsuit is still ongoing; however, the company’s lawyers have responded to Pietrangelo’s claims stating that he is not committed to The Wing’s mission. The company submitted Pietrangelo’s application responses in a subsequent filing where he stated, “I have always supported and advocated for the equality of all people” when asked how he has promoted and supported the advancement of women. In March 2018, the New York Human Rights Commission began an investigation into The Wing , citing possible discriminatory membership practices. The investigation is still ongoing. The...

Jan 9, 2019

The Wing, A Co-Working Space For Women, Completes $75M Funding Round

The Wing , the company that offers women-focused coworking and community spaces, has completed a $75 million Series C funding round. The company has raised $117.5 million in funding in the last two years. The funding round was led by Sequoia Capital. Other investors include Upfront Ventures, Airbnb and WeWork. Actress Kerry Washington and TIME’S UP leadership also assisted in the Wing’s latest funding round. “We could not be more excited to partner with such a powerful community of women who lead their fields in tech, Hollywood, policy, and sports,” The Wing’s co-founder and CEO Audrey Gelman said in a press release . “ This round is proof positive that women can be on both sides of the table.” The company plans on using some of its funding to open new locations in Los Angeles, Chicago, Boston, Toronto, and Paris in 2019.

Dec 19, 2018