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Breaking up Big Tech Order Offers Special Benefits to Black Technologists
President Joe Biden issued an executive order last Friday, which targets Big Tech and other industries to promote free and fair competition in the U.S. economy. However, policy analysts and economists are divided on whether or not Biden’s order will accomplish the goals it is designed to
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Source: The Plug
One In Three Black Founders With $1 Million+ In Venture Capital Graduated From A Black Accelerator | The Plug
Access This Content & Other Ideas Shaping The Future You've reached content that has been locked. With the support of people like you, we're able to provide detailed news and insights on the Black innovation economy with less noise and clearer focus. Start plugging into our journalism by joining
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Source: The Plug
Black Women In Tech Fell Held Back By Race, Gender, And Employment Data Agrees | The Plug
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Black Neobank First Boulevard and Visa Partner to Bridge Racial Wealth Gap with Crypto | The Plug
The racial wealth gap has ballooned after 41% of small Black-owned businesses were forced to shutter because of the coronavirus pandemic. Since 2016, the average white American family has had a net worth of $171,000, ten times the net worth of $17,150 for the average Black family. The pandemic
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Source: The Plug
There’s A Quitting Spree Among U.S. Workers, Here’s How It’s Impacting Black Employees
Worker turnover rates are peaking as job openings rose to 10.1 million at the end of Q2. The Black workforce is impacted by factors like the ability to work from home and increased entrepreneurship amid simultaneous business closures. Low-wage workers aren’t entirely to blame for shortages as
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Source: The Plug
BREAKING: Google For Startups Black Founders Fund Awards $5 Million to 50 Companies
Google has announced the recipients of its second $5 million Google for Startups Black Founders Fund. The 50 founders, who range from educational tech entrepreneurs to creators of a freelance marketplace, will each receive $100,000 in non-dilutive funding from the tech giant along with other
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Source: The Plug
Meet A New $50 Million Venture Firm Intent On Keeping Diverse Founders From Being Overlooked | The Plug
Access This Content & Other Ideas Shaping The Future You've reached content that has been locked. With the support of people like you, we're able to provide detailed news and insights on the Black innovation economy with less noise and clearer focus. Start plugging into our journalism by joining
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YouTube Adds More Ways For Advertisers To Monetize Hip-hop As Artists Embrace Their Worth | The Plug
Access This Content & Other Ideas Shaping The Future You've reached content that has been locked. With the support of people like you, we're able to provide detailed news and insights on the Black innovation economy with less noise and clearer focus. Start plugging into our journalism by joining
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Breaking Barriers To Entry For Black Women In Venture Capital | The Plug
Access This Content & Other Ideas Shaping The Future You've reached content that has been locked. With the support of people like you, we're able to provide detailed news and insights on the Black innovation economy with less noise and clearer focus. Start plugging into our journalism by joining
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STUDY: Kenya And Nigeria Stand To Gain Billions In Economic Growth Through Technology And Internet Communications Trade Agreement
Kenya could grow its GDP by 1.23 percent from internet communications technologies (ICT) products over the next  10 years. Previous agreements like the Information Technology agreement two have eliminated tariffs on additional $1.3 trillion in global trade. Out of four countries studied, Kenya and
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Source: The Plug
As Unemployment Levels, Black Owned And Hiring Shares DEI Insights For The Black Workforce | The Plug
13 percent of Black workers are unemployed, compared to seven percent of white workers, according to the U.S. Bureau of Labor, making Black workers one of the hardest hit by the pandemic. But as businesses begin to reopen and jobs are added to the market, helping Black people find inclusive
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Source: The Plug
Basecamp Barring Political Talk At Work Sent A Message To Black Tech Workers | The Plug
One-third of Basecamp’s employees have publicly expressed they intend to resign from the Chicago-based software company as of last week after co-founder and CEO Jason Fried barred employees from discussing politics at work. Basecamp’s move was originally rooted in the company taking accountability
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Source: The Plug
A Closer Look At The First Recipients of Goldman Sachs’ One Million Founders Fund | The Plug
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Where Amazon’s Union Fight Ends Scrutiny Into Worker’s Rights Begin
Access This Content & Other Ideas Shaping The Future You've reached content that has been locked. With the support of people like you, we're able to provide detailed news and insights on the Black innovation economy with less noise and clearer focus. Start plugging into our journalism by joining
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Source: The Plug
Funding To Black Investors Picks Up from Fortune 1000 Companies and Institutions | The Plug
Companies and institutions funding Black fund managers has grown more diverse. Among the 25 companies and institutions evaluated, 92 percent invested in Black venture firms between 2020 and 2021. Disclosed funding totals upwards of $284 million invested in Black fund managers and firms.
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Source: The Plug
Multi-million Dollar Medical Marijuana Programs At HBCUs Aim To Educate And Reform | The Plug
In just two years, Southern University and A&M College’s medical marijuana program. has already brought in more than $2 million for the Baton Rouge-based HBCU, hosting more than 2,000 cannabis plants with at least three to five strains of marijuana grown to produce tinctures, topicals, bath bombs
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Source: The Plug
Black-Owned SaaS Companies Prepare for Growth | The Plug
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Case Study: Why We’ll All Be Transacting In The Metaverse With Mary Spio Soon
In a case study, The Plug takes a deep dive into Mary Spio's VR streaming and hardware company Ceek VR to hear firsthand how she is planning to expand the metaverse.
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Source: The Plug
Motley Fool Ventures Taps 13 Firms to Expand Investments into Underrepresented Founders | The Plug
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Black In Big Tech: Shedding Light On Black Talent And What They Face At The Largest Tech Companies | The Plug
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Sevetri Wilson on How Funder Priorities Changed in 2020 and What to Expect in 2021
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SVOD Services kweliTV, BlackOakTV Place Bets on U.S. Subscriber Revenue Growth, Slower International Market Expansion | The Plug
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Undock Raises $1.6 Million for Its Software to Make Virtual Meetings Less Terrible | The Plug
As the world accelerated to virtual gatherings in the early weeks of March’s COVID downfall, companies and school systems alike bombarded video conferencing…
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Source: The Plug
Sponsored by NSBE Boston
Black Tech Policy Founders Lead The Charge For Increased Civic Engagement And Efficient Policymaking
Founders Beverly Leon and Damola Ogundipe have built tools that encourage civic engagement and enable policymakers.Their technology platforms are increasingly being utilized in the wake of voter suppression laws that disenfranchise Black voters. 2022 and beyond will bring more diverse policymakers
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Source: The Plug
Online Grocery Delivery Service Company Zero Expands To Los Angeles, Growing Its Reach In The Plastic-free Food Market
Zero Grocery, a San Francisco-based plastic-free food delivery service,  is expanding to Los Angeles, just a year after launching. The company is one of the first plastic-free grocery delivery services in the United States, with a mission to make cleaner, healthier and cheaper food convenient while
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Source: The Plug
Sponsored by Society of Hispanic Professional Engineers (SHPE) Boston Professional Chapter
Black-Owned and Operated Coworking Spaces Face an Uncertain Future as Many Shut Down Across the Country
In 2018, there were about 65 Black-owned coworking spaces in urban districts from coast to coast, one-third of which have permanently closed in 2020 due to the pandemic’s economic devastation. Source
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Source: The Plug
Career Karma Closes $10M Series A, Prepares for Surge in Online Tech Job Training
Technical job training matching site Career Karma, who announced today the close of a $10 million Series A, is proving that it has become a formidable player in addressing a long-standing problem in getting Americans onboarded into the workforce of the future.  Source
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Source: The Plug
Sponsored by Diversity In Action
Black-Owned EV Rideshare Services Work to Gain Traction in Chicago’s South Side | The Plug
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Inside Upswing’s $5 Million Series A To Help Diverse And Non-traditional Students Succeed | The Plug
Access This Content & Other Ideas Shaping The Future You've reached content that has been locked. With the support of people like you, we're able to provide detailed news and insights on the Black innovation economy with less noise and clearer focus. Start plugging into our journalism by joining
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Collab Capital Closes $50 Million First Fund | The Plug
Collab Capital, an Atlanta-based investment firm exclusively investing in Black founders, has closed a $50 million first fund that includes corporate investors like Apple, Google and Paypal and Black angel investors like Resilia’s Sevetri Wilson and Bandwagon’s Harold Hughes.
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More from The Plug
Black LGBTQ Owned Businesses Need Support During The Pandemic, Even If There Isn’t Exact Data On How Many There Are | The Plug
Apples 2020 Vision for Racial Justice | The Plug
Most Tech Companies Don’t Audit for Diversity. Why That’s Problematic. | The Plug
Better Late than Never? Black Founders Look Skeptically at VC Firms Launching New Funds In Their Honor | The Plug
Black Technologists Create New Virtual Gathering Spaces for Support Networks Amid Pandemic | The Plug
The Plug and New Profit Partner to Reach Entrepreneurs Powering the Future of Work | The Plug
Future of Work: Black Tech Founders Are Shaping, Not Waiting | The Plug
Tech Employees Are Considering Moving to Cheaper Cities Amid COVID-19. What Impact Could That Have on The Communities Theyre Leaving? | The Plug
Weathering COVID-19s Impact on Their Operations, Black Women Tech Ecosystem Leaders Adapt and Adjust | The Plug
The Plug Welcomes Our Inaugural Data Fellows | The Plug
The Next Frontier of the Tech Worker Movement: Black Employees Organizing Against Racism in the Workplace | The Plug
Real Policy Outcomes for a Renewed Interest in Workplace Diversity | The Plug
Protests, Layoffs, and a Pandemic: How Diversity and Inclusion Advocates Are Navigating Tech’s Future | The Plug
Facing Scrutiny, Companies Revisit DEI Principles | The Plug
Andreessen Horowitz’s Cultural Leadership Fund Delivers on Culture, Minimal Investment into Black-Led Startups | The Plug
Examining How We Remove Barriers For a New World of Work | The Plug
Mapping The Black Innovation Alliance: Keeping Track of The Companies and Innovators Making Up The BIA and Where They Are | The Plug
25 Black Women Executives with Successful Exits & 25 Who May Be Next | The Plug
For The Country's Top Accelerators, New Inclusion Strategies Are On The Horizon | The Plug
Black Tech Mobilizes to Beat the Youth 'Summer Slide' | The Plug
Implications of Digital Contact Tracing for Black and Brown Communities | The Plug
Creating the Majority-Minority Tech Hubs for the Future of Work | The Plug
Amid COVID-19, Bronx Community Leaders Work To Close Technology Gaps | The Plug
How Black Women Founders Are Tapping Into Crowdfunding During The Pandemic | The Plug
Amid The Pandemic, Community Leaders and Tech Employees Are Working Together To Address The Bay Area’s Digital Divide | The Plug
Staring Down An Economy Hit Hard By The Pandemic, Midwest Ecosystem Leaders Adapt and Adjust | The Plug
Undock Raises $1.6 Million for Its Software to Make Virtual Meetings Less Terrible | The Plug
How Ecosystem Leaders In St. Louis Are Adjusting and Adapting During the Pandemic | The Plug
Black Founders Report That SaaS Tool Purchases Rarely Matches Racial Equity Principles [SURVEY] | The Plug
How Entrepreneurs in North Carolina Are Finding Success and Building Community During The Pandemic | The Plug
As Pandemic Rages On, Cities Double Down On Entrepreneurial Investment | The Plug
‘We Learned How To Thrive When People Betted Against Us’ Amid Pandemic, Detroit Ecosystem Leaders Are Staying Resilient | The Plug
Steve Case’s Rise of the Rest Tour Goes Virtual with $2 Million ‘Equity Edition’ Focused on Black Founders | The Plug
As Birmingham Aims to Become a Major Tech Hub In The Southeast, Ecosystem Leaders Are Working To Ensure An Inclusive Future | The Plug
Dollaride Bets on a Transit Future That Centers Essential Workers | The Plug
As the Pandemic Rages On, Austin’s Tech Ecosystem Leaders Chart a Path Forward
EXCLUSIVE: Newly Launched RareBreed Ventures Plans Investments in Legacy Markets Traditionally Untouched by Innovation | The Plug
The Pandemic Isn’t Stopping These Local Philly Leaders From Addressing Disparities In Tech and Business | The Plug
Black Founders In Chicago Say COVID-19 Pandemic Highlights Tech’s Racial, Economic Disparities
There’s a Big Effort To Help Black Businesses In Philadelphia and The Nation Recover From The Pandemic. Will It Be Enough? | The Plug
SoLo Funds’ Investor Guarantee Protects Investors, Lifts the Riskiness of Peer-to-Peer Lending | The Plug
What Does It Take To Diversify Philadelphia’s Tech Community? This Nonprofit Thinks It Has The Answer | The Plug
The Paycheck Protection Program Failed Minority Owned Businesses. Here’s What Some Experts Think Should Happen Next | The Plug
Philly Founder Spotlight: How a Stimulus Check in 2008 Led Tiffanie Stanard To Her Next Great Startup Idea | The Plug
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