Category: Funding and Investment
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Black-Owned Private Equity Firm Offers Zero-Percent Interest Loans to Businesses of Color Impacted by COVID-19, Civil Unrest
GREENSBORO, N.C. — Today, North Carolina-based, black-owned private equity firm, Building Wealth & Communities (BWC) Capital, announced the launch of the BWC+invest Zero-Percent Interest Loan Program. Developed for small, emerging businesses of color across the country.
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Bunk 57 Ministries Receives a $40,126 grant to reshape the lives of Minority Young Men
CHARLOTTE, N.C. — Bunk 57 Ministries has received a $40,126 grant from the Mecklenburg County Juvenile Crime Prevention Council to fund its Youth Discipleship Program for minority youth, young men ages 12-17.
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TeamSnap Raises $5.5 Million in Funding as Sports Activities Begin to Resume
BOULDER, Colo. — TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.
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777 Partners Announces Acquisition of Uown Leasing
MIAMI, Fla. — 777 Partners, a Miami based investment firm, is pleased to announce the acquisition of Uown Leasing (“Uown”), from Shepard Capital Partners. Uown, a lease-to-own company based in Tampa, was founded in 2008.
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MPI REPORT: Wide Range of Private Market Fund Returns Could Explain Ivy Endowments’ Lackluster Fiscal 2019 Performance
SUMMIT, N.J. — Markov Processes International (MPI), a leading provider of investment research, analysis and reporting solutions for the global wealth and asset management industry, today announced the publication of its annual Ivy League endowment performance analysis for the latest fiscal year, “Measuring the Ivy 2019: Decoding the Performance Gap.”
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CALNOC Announces the CALNOC Nightingale Research Fund: Raising Nursing’s Voice in Health Services Research
WALNUT CREEK, Calif. — CALNOC is pleased to introduce The CALNOC Nightingale Research Fund, an innovative and opportune resource in health services research focused on and administrated by nursing. We are excited to announce the Research Fund today in honor of Florence Nightingale and in celebration of the Year of the Nurse 2020.
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HexGn Study: Startup Investors Shun Asia in 2019 and Flock to Americas and Europe
NEW YORK, N.Y. — HexGn released a study of the funding trends in the global startup ecosystem in 2019; the team analyzed over 60,000 deals and one million data points for the report.
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Lifting People with Disabilities Out of Poverty: JLA Pooled Trust Hits $5 million in Beneficiary Assets
LOS ANGELES, Calif. — In recognition of the highly impactful, life-changing work provided to people with disabilities in the region, the Jewish Community Foundation of Los Angeles (The Foundation) has awarded Jewish Los Angeles Special Needs Trust & Services (JLA Trust) with a three-year, $250,000 Next Stage Grant.
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Bank of Southern California, N.A. Completes Capital Offering and Plans to Form Holding Company
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price…
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Key Smith Wealth Advisors Clients Provide Seed Funding for TatumTek Factory Development in Lamesa, TX
AUSTIN, Texas — Ron Smith, President and Founder of Smith Wealth Advisors, an independent wealth management firm located at 6836 Bee Caves Road, Suite 272 in Austin, Texas, announced today that a group of the firm’s key clients have funded a land acquisition in Lamesa, Texas, which will serve as the future site for the…