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Top 2 Successful Traits In Startup Founders

These 2 successful traits in startup founders help them navigate challenges, and increase their chances of long-term success.

Apr 24, 2025

VC Funding To Black-Founded US Startups Reportedly Hit $705M In 2023 — The First Time The Number Fell Short Of $1B Since 2016

The state of venture capital (VC) funding for startups in the U.S. paints a concerning picture for Black entrepreneurs.

Feb 29, 2024

Give Your Startup A Head Start With A Business Incubator

Business incubators can help you flesh out startup ideas and position you for success. Find out how they differ from accelerators.

It's Tax Season, Entrepreneurs — Are You Ready?

Duke Alexander Moore, founder of Duke Tax, shares best practices for entrepreneurs to succeed during tax season.

Apr 5, 2023

Forbes Dropped Their List Of The 400 Richest Americans — And Only Two Black Men Made The List

Forbes has just dropped its latest list of 400 Richest Americans. Unsurprisingly, but no less infuriatingly, only two Black men made it.

Entrepreneurs Awarded $1.2M In Financial Support Thanks To The Meda Million Dollar Challenge

Meda is looking out for BIPOC entrepreneurs nationwide with its Million Dollar Challenge for the fourth year in a row.

Sep 23, 2021

Spelman College Alumna Mya Havard Wins Pharrell Williams' $100K Black Ambition Prize

Spelman Alumna, Mya Hvcard receives $100,000 award from the Black Ambition Prize to support startup Shea.d.

Sep 13, 2021

What Do Lena Waithe, Yara Shahidi And Kevin Hart Have In Common? This Creative Entrepreneur Has Worked With All Of Them

Creative entrepreneur shares his insight on how he maintains his creativity while leading a business at a young age.

Jul 21, 2021

How Erin Winters Teaches An Audience Of Nearly 300K Subscribers To Boss Up Their Business

Erin Winters -- a visual storyteller and creative content strategist from Detroit, MI -- uses her platform to share her experience on how she monetized her business.

Apr 30, 2021

Undock Founder Nash Ahmed Wants Entrepreneurs to Focus on the Big Idea

“Not all of your ideas will be good,” says Nash Ahmed, as he reflects on the many ideas that he had before he moved forward with Undock — an artificial intelligence-enabled meeting platform built for the future of work. Just last year Ahmed raised a whopping $1.6 million seed round that was oversubscribed. The million-dollar question is, how did he do it? He sat down with Black Tech Green Money podcast host, Will Lucas to discuss how entrepreneurs should focus on selling their idea in just one sentence, advice for putting your idea out into the world even if it isn’t always complete, and how to know which idea is your best. “The first thing you need to do is have something really exciting about what you’re building,” shares Ahmed. “Have an exciting way to tell it to your friends, to yourself, and to future customers.” He shares that in a world filled with noise if your product isn’t exciting, it may never take off. For him, it was about figuring out how to explain what his company,...

Pharrell Launches Initiative to Help Black Entrepreneurs ‘Realize America’s Promise’

The last few weeks should make Pharrell fans very happy. The multi-hyphenate artist launched his Humanrace skincare line and released the gospel-music show “Voices of Fire” on Netflix, and now he is helping Black and Latinx entrepreneurs. According to ESSENCE, Williams announced Black Ambition, a non-profit initiative that will support underserved entrepreneurs who are launching tech, design, healthcare, and consumer products/services startups. In addition, part of the initiative will include two competitions for investments, The Black Ambition HBCU Prize and The Black Ambition Prize. “With Black Ambition, the goal is to help strengthen the pipeline of talented entrepreneurs and close the opportunity and wealth gaps derived from limited access to capital and resources,” Williams said in a statement. He added on Instagram, “We see a future where ideas flourish, ruinous risk is diminished, and Black and Latinx entrepreneurs are positioned to realize America’s promise.”   View this...

Dec 4, 2020

The Best Amazon Prime Day Deals for Black Entrepreneurs and Business Owners

It’s the most wonderful time of the year for shoppers: it’s Amazon Prime Day! Starting today (Oct. 13) through Oct. 14, Amazon will offer premiere deals on home goods, electronics, apparel, dog treats—you name it. Amazon Prime members will have access to lightning deals—items available for drastically slashed prices for a limited time—while all shoppers will be able to snatch up major discounts. For Black entrepreneurs and business owners, there’s a wealth of deals to choose from, whether you need home office basics or tech gadgets. In the interest of time and how much you can save, our only suggestion is to act fast to get the perfect Amazon Prime Day deal for you! Coomaxx Adjustable Laptop Stand Your posture pays the price when you spend several hours staring down at your laptop. Prop up your device (and your posture) with a portable ergonomic notebook riser—and save 21 percent in the process. MUNBYN Label Printer This one’s for all the business owners who constantly send products...

Oct 13, 2020

Bruce Hamilton Leads a Tech Company That's On a Mission to Help Black Entrepreneurs Thrive

Bruce Hamilton is a serial entrepreneur and his current mission is to help Black creatives and entrepreneurs launch their own projects. AfroTech has covered one of his earlier startups, Doly , which helped entrepreneurs with no coding skills develop apps, but that wasn’t his first technology project. “My first venture into tech was CrwdBoost which is our social media growth platform. When we first launched, it was purely a growth tool for Instagram,” Hamilton said. In fact, CrwdBoost has done so well that Hamilton has been able to use the profits to fund his other tech projects. His latest company, Wing Zero, goes a step further by developing a variety of tools to help Black talent thrive. Wing Zero Apps continues the work they started in Doly by creating an easy and intuitive way for people with no coding knowledge to create apps. When a user subscribes to one of Wing Zero App’s premium app templates, the Wing Zero team can help them get their app running within 2-5 business days....

Sep 28, 2020

These African and African American Entrepreneurs Came Together to Build A Community in Ghana

These African and African American entrepreneurs are giving back the best way they know-how. Kofi Anku, shareholder and board member, is a mission to give back to his community through Ayi Mensah Park, a vibrant 200-unit townhouse community tucked right at the foot of the Aburi Hills in Accra, Ghana. When asked “Why Ghana?” Anku told SHOPPE BLACK that the decision was obvious. Although he was born in Ohio — to Ghanaian parents — it was imperative for him to connect the two worlds. Anku says he and his family’s vision to collaborate is what excites him the most about this project. He reveals they invested in real estate as a family back in the 90s and “were looking to connect with partners who would help them establish their vision.” He hones in on how the CEO and founder of BlackIvy, Cheryl Mills, did just that. Connecting the African diaspora is what Anku says is one of the most important missions of the community that he and his team continue to strive toward building in Ghana....

Sep 8, 2020

SheaMoisture & BROWN GIRL Jane Launch $250K Fund For Black Beauty Brands

SheaMoisture and BROWN GIRL Jane have announced the launch of their entrepreneurship program and investment fund to support Black-owned beauty brands.

Aug 11, 2020