NBA Icon Isiah Thomas Has Quickly Become an Entrepreneurial Legend
By Stacy M. Brown, NNPA Newswire Senior National Correspondent Isiah Thomas played basketball with the tenacity not often seen in today’s game. Whenever a team outscored his Detroit Pistons, it only meant a negative mark in the loss column, but never total defeat for Thomas. An NCAA champion at Indiana, and a two-time NBA champ with the Pistons, much like basketball, Thomas has followed up his on-court success with an almost peerless triumph in the business world. He told the National Newspaper Publishers Association’s live morning show, “Let It Be Known,”
Wells Fargo anchors the Black Economic Alliance Foundation’s Entrepreneurs Fund
(BlackPressUSA) — The Black Economic Alliance Foundation (BEA), in collaboration with Wells Fargo, launched the Black Economic Alliance Entrepreneurs Fund (BEA Entrepreneurs Fund) to accelerate the growth of Black entrepreneurs and business owners. The $50 million evergreen fund will provide seed, start-up, and early-stage capital to businesses founded and led by Black entrepreneurs. The launch of the BEA Entrepreneurs Fund is anchored by Wells Fargo with a $20 million commitment over five years to kick-start operations and investments, and to serve as a thought partner to the BEA
New Business Alliance Launches with $1 Million Investment Aimed To Give Black Business Owners Better Advantages
By Megan Kirk Detroit’s Black small business owners will soon see a new coalition in place to better serve their needs. Several Black entrepreneurs held a press conference to unveil a new partnership with help from TCF Bank. The Metro-Detroit Black Business Alliance will develop programs and initiatives that will help create revenue and sustainability for all Black business owners in the city. Created in the midst of the COVID-19 pandemic, the alliance highlights the specific and unique roadblocks Black businesses endure. Spearheaded by Charity Dean, founder of Dean
New Voices Foundation and JPMorgan Chase launches Banking Bootcamp for Black women entrepreneurs
by Sherri Kolade Are you a Black female entrepreneur who needs some assistance upping your coin? Then the New Voices Foundation and JPMorgan Chase’s Advancing Black Pathways might be a great tool for you and your entrepreneurial dreams, according to an article from Essence. The two entities partnered on a new business banking educational program for Black women entrepreneurs that will assist them in creating strong business banking relationships and grow their access to critical capital, a needed element to business development and achievements, the magazine article added. The Banking Bootcamp, which