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Seed At The Table
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What oftentimes stands between an entrepreneur’s innovative idea and the act of them starting a business is the lack of funding — especially for Black and brown communities. Seed At The Table is an equity crowdfunding platform that’s working to bridge such funding gaps while empowering Black, Indigenous, People of Color (BIPOC) entrepreneurs. As previously reported by AfroTech, the initiative not only helps provide Black and brown entrepreneurs with access to capital, but also allows non-accredited investors to invest in businesses that are founded by those who look like them. “Prior to the pandemic, BIPOC-owned businesses were already the least likely to receive access to capital,” Seed At The Table co-founder Suzen Baraka told AfroTech. “When they went out for funding, they were either denied or they received less than what they needed in order to start up. I think that’s why Seed At The Table is necessary because we are a team of subject matter experts in our respective...
This fraternity is putting brotherhood to the test with a new initiative to help startups and their respective communities build wealth. According to Watch The Yard, 18 members of Kappa Alpha Psi Fraternity, Inc. from all over the nation have partnered with 12 Black and brown executives to form an Equity Crowdfunding Portal. Seed At The Table is FINRA approved and a win-win situation as that it will provide access to capital for diverse founders and allow investors to place their stake in private businesses at lower minimums. “[Seed At The Table] is committed to spurring economic advancement and firmly believes both a founder’s ability to access capital and an individuals’ ability to invest in the business and products they consume are paramount to the viability of Black and Brown commerce,” said founding member and brother of Kappa Alpha Psi, Pierre Le Veaux, in an interview with Watch The Yard. Generally to invest in an early-stage startup, one must have an accredited investor...