Venture capital has a diversity problem . BLCK VC , a new organization founded by Storm Ventures associate Frederik Groce and NEA associate Sydney Sykes to connect, engage and advance black venture capitalists, is ready for a new era in the industry. Their mission: Turn 200 black investors into 400 black investors by 2024. “We think of ourselves as an organization formed by black VCs for blacks VCs to increase the representation of black investors,” Sykes told TechCrunch. “You can look around and say well ‘I know five black VCs,’ but you can also say this firm does not have a single black VC, they may not even have a single underrepresented minority … We want to make firms reckon with the fact that there is a racial diversity problem; there is a lack of black VCs and every firm should really care about it.” BLCK VC has been at work since the beginning of 2018, building and expanding a network of black investors in the San Francisco area, Los Angeles and New York. They seek to provide a...
A major challenge in starting a business is capital, and it will be a lot easier if one can get access to loans to finance any business start up. Your interest might not be in starting a business, you may be looking to get access to loans to meet pressing financial needs. Irrespective of the nature of the loan In Nigeria, there are institutions that grant loans to small and medium scale enterprise, with zero to little interest rate. We have compiled a list of credible companies that you can approach for a business loan to fund your business. Diamond bank You will be required to open an account with any branch of diamond bank in the country. Diamond bank avails it customer the opportunity to access loans for small and medium enterprise. Zenith Bank One of the leading banks in Nigeria, Zenith Bank provides its customers with the opportunity to access loans to boost their business. You must operate an account with the bank in order to access loans. Apex microfinance bank The A...