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Today: October 1, 2024
March 1, 2024
1 min read

Empowering Black Tech Founders: $50M Investment in Diverse Ventures

TLDR:

  • L’esprit Cruises is launching the first Black-owned fleet of eco-friendly super yachts.
  • The National Business League program has surpassed $100 million in secured contracts for Black businesses.

The article highlights the achievements of Black-owned businesses in various industries. L’esprit Cruises, co-founded by Gordon Merritt, is set to launch the first Black-owned fleet of eco-friendly super yachts, showcasing a lifelong passion for yachting and expertise in the cruise industry. The National Business League (NBL) has exceeded $100 million in secured contracts for Black businesses, supporting and promoting Black-owned businesses and professionals in the United States.

CurlMix, a brand specializing in products for curly, kinky, and coily hair, has launched a crowdfunding campaign after reaching $32 million in revenue. The article also features other success stories in the business world, including StatusPRO raising $20 million to fuel virtual reality sports growth and Brolly revolutionizing Africa’s auto insurance landscape with AI and affordability.

In addition to business news, the article touches on lifestyle and culture topics, such as the Nile Swim Club, the first private Black-owned swim club, and Chess in Slums Africa, an initiative empowering futures through chess. The article also highlights significant donations to institutions like Spelman College, emphasizing the impact of philanthropy on historically Black colleges and universities.

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