Business

Stackwell and Detroit Pistons Announce Partnership to Support Financial Access for Detroit’s Black Community

DETROIT and BOSTON, PRNewswire -- Stackwell, the digital investment platform created to eliminate the racial wealth gap, and the Detroit Pistons announced a multi-year strategic partnership to increase access to investment in the financial markets, and bring financial wellness and investment education programming to the Black community in the Detroit metropolitan area. Stackwell, which has just released the first-of-its-kind robo- investing app built to support personal investment and wealth building within the Black community, and the Pistons will co-host several events across Detroit to engage members of the community and help support their access to financial investment, in addition to other collaborations with the team to support Black students, and small business owners in the city.

African Pride Launches GROW Initiative as a Rallying Cry for Today’s African American Women

African Pride, an award-winning haircare brand known for addressing the needs of all hair types with premium, natural ingredients, is proud to announce the launch of its new initiative, GROW – a platform that celebrates their core consumer’s unique individuality and expands the possibilities on her path of evolution.

Second Generation Black Women-Led PR Firm Leverette Weekes Nationally Certified as Women’s Business Enterprise

-- LEVERETTE WEEKES, a public relations agency, is pleased to announce that it has been nationally certified as a Women’s Business Enterprise (WBE) by the Women’s Business Enterprise National Council (WBENC). Leverette Weekes is led by president and CEO Meredith Moore.

Kayla Tucker Adams Recognized by National Association of Black Journalists with 2022 Patricia L. Tobin Media Professional Award

Public relations executive Kayla Tucker Adams was recently honored by the National Association of Black Journalists (NABJ) with the 2022 Patricia L. Tobin Media Professional Award during the Hall of Fame Luncheon in Las Vegas.

UNCLE NEAREST PREMIUM WHISKEY MAKES POWERFUL INC. 5000 LIST

Uncle Nearest Premium Whiskey, the most-awarded American Whiskey or Bourbon of 2019, 2020, and 2021, has been ranked among the top 1,000 companies honored on the 2022 Inc. 5000 list. With growth of more than 3,000% since its first year, and nearly 700% during the capture period of this Inc. 5000 list, Uncle Nearest joins an illustrious group of honorees like Microsoft, Facebook, Under Armour, Chobani, Patagonia and many other behemoths who first gained national exposure on the Inc. 5000 list. Every year, Inc. releases the ranking of the 5,000 fastest-growing private companies in America, based on percentage of revenue growth. Uncle Nearest is one of few spirit brands to ever be featured on the list.

A pathway for Black wealth: Tips for fueling business growth through planning and mentorship

Black businesses are an essential part of the economy. As one of the fastest-growing segments of the U.S. economy, Black businesses contribute an estimated $200 billion to the national economy annually. Research shows that entire communities benefit when Black businesses succeed. They create jobs, close the racial wealth gap, and strengthen local economies.

Techstars Adds VR Eval to Roster of High Powered Accelerator Program

VR Eval, the company synonymous with advanced patented case management and virtual reality system EVAL designed to help anyone with a mental healthcare challenge as well victims of trauma for example human trafficking victims as well, has been selected to participate in the Techstars Founder Catalyst Program. The $80 million investment powered by J.P. Morgan is intended to provide equitable access to funding and support for entrepreneurs who are Black, Hispanic and Latino, Indigenous American and Pacific Islander. This experienc will provide up to 20 Miami-Dade women entrepreneurs valuable startup education, mentorship, community, and access to the Techstars worldwide network of entrepreneurs, mentors, investors, and corporate partners.

Dr. Kikelomo Belizaire Joins Pega as the Company’s First Chief Medical Officer

Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider that builds agility into the world’s leading organizations, announced the appointment of Dr. Kikelomo (Dayo) Belizaire as its first chief medical officer. With a strong clinical background and a passion for improving care outcomes, Dr. Belizaire will bring a clinical lens to Pega’s strategy for serving its healthcare clients.

Not Your Average Joe: Clearwater Marine Aquarium Announces New CEO

Clearwater Marine Aquarium’s Chair of the Board of Directors Eric Busch is proud to announce that Joe Handy has been selected as the organization’s next CEO. Handy joins CMA with over 20 years of experience in cultural institutions including 15 years at the Georgia Aquarium, most recently serving as President and COO.

Campaign memorializing sickle cell pioneer Dr. Rudolph Jackson raises more than $2 million for St. Jude Children’s Research Hospital

Dr. Rudolph Jackson, MD, a pioneering researcher of sickle cell disease in the early years of St. Jude Children’s Research Hospital®, was honored at St. Jude as supporters and Dr. Jackson’s family members attended a June 23 event, which celebrated the more than $2 million raised through the ongoing Dr. Rudolph Jackson Campaign to help advance the mission of St. Jude: Finding cures. Saving children®.

iHeartMedia and Charlamagne Tha God Announce First-Ever Black Effect Podcast Festival

iHeartMedia and Charlamagne Tha God announced the first-ever Black Effect Podcast Festival to celebrate, uplift and amplify Black voices in the podcast industry. The event will take place Sunday, August 28 at the Avant Gardner, Brooklyn Mirage. Charlamagne Tha God will join the festival alongside some of the Black Effect’s most popular personalities for a day full of live podcast tapings and informative discussions aimed at aspiring podcasters in the Black community. The festival will be hosted by comedian Lil Duval and Power 105.1 DJ and personality Nyla Symone. For more information on the inaugural festival, visit blackeffect.com/podfest for live updates.

Community Banking to Community Building

Juneteenth is a day like no other. It is both a celebration of freedom and a reminder of the work that still must be done to bring about a more equitable society. So as we recognize Juneteenth this year, now is the time to harness what unites us and help bring about changes that benefit all communities.

Bridging the Opportunity Gap: Connecting Black and Latinx Students to Careers in Finance

This summer, the Greenwood Project will teach financial literacy, coding, career skills, and investment strategies to over 200 Black and Latinx youth, primarily from Chicago’s South and West Sides. Their goal is to empower Black and Latinx communities to overcome generational cycles of poverty by introducing students to wealth-building career pathways through the intensive study of finance.

Harlem Teens Receive Business Advice From Nick Cannon, Place Third in National Pitch Competition

Nick Cannon Foundation, Inc., in collaboration with Career and Technical Education (CTE) programs in public schools nationwide, held its 7th Annual National America’s Teen Mogul (ATM) Competition in Southeast Queens, NY. Previous ATM pitch competitions have been held in San Diego, Los Angeles, Chicago, DC, Miami, and Charlotte. The event took place on Friday, June 3, at Excelsior Preparatory High School Auditorium in Southeast Queens.

Former Van Dyke Horn Public Relations Agency Rebrands as 98Forward

It’s true. The communications agency formerly known as Van Dyke Horn has a new name and brand: 98Forward. While the name and brand has changed — the 24 years of communications knowledge and expertise remains the same. The agency’s new name, 98Forward, not only marks the year that the agency was founded, 1998, it signifies the continuity with its institutional legacy, and the trajectory of the Black-owned, woman-owned businesses: