Jalia Ventures, a company that makes early stage investments in mission-driven minority start-ups, announced the launch of a business training and incubation initiative.
Part of a Commitment to Action at the Clinton Global Initiative America Conference, Jalia Ventures is launching Impact America HBCU Venture Catalyst. This is an initiative that will grow awareness of social and environmental issues, while providing training for minority entrepreneurs through a venture competition and incubator program for mission-driven start-ups.
Impact America is raising $3.5 million to fund the initiative with the goal of energizing and supporting talented minority entrepreneurs who plan to launch for-profit companies and that create jobs in the United States.
They have partnered with the United Negro College Fund (UNCF) to help execute the plan. The initiative is expected to attract more than 1,500 applicants from Historically Black Colleges and Universities (HBCUs) across the country.
Read the rest of this article on the NewMe Accelerator BlogCategory: Featured, Startups | Tags: Impact American HBCU Venture, incubator, Jalia Ventures, minorities, Startups