BlackRocks Startups Helps Black Entrepreneurs Blossom In Brazil
São Paulo-based organization BlackRocks Startups (BRS) is currently readying a new and larger acceleration cycle to cater for the increase in tech-based products and services created by black entrepreneurs.
According to data from Brazilian research firm Instituto Locomotiva, consumption driven the black population currently injects about 1.7 trillion reais ($380 million) into the local economy. BRS wants to cater for that demand: the accelerator supported the development of five startups in 2019 and this year, 16 early-stage startups will take part in the program.
By Angelica Mari via Forbes