Investment

Difference Maker: Boosting Black Business

Evanston Police Officer Tosha Wilson had a steady job and a good credit score but could not get a startup loan for her proposed Black-owned business. This brought about an epiphany: “There is no way that we’re the only people in this situation.” So, she started helping small Black-owned businesses raise money via a Facebook …

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Oakland Black Business Fund Launches Investment Platform for Black-Owned Businesses Across the U.S.

Oakland Black Business Fund (OBBF) has launched a new Black-led investment platform to provide capital and technical assistance to Black-owned businesses. The platform includes a $10M relief fund focused on helping local Bay Area businesses impacted by COVID-19 and a $1B investment fund to support Black entrepreneurs across the country. Founded in June 2020 by Oakland community leaders Elisse Douglass and Trevor Parham, the OBBF has raised …

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