The Fearless Fund successful concern with JP Morgan & Chase and Steve Madden hosted a store dedicated to tiny businesses astatine Clark Atlanta University (CAU) Wednesday.
Fearless Fund co-founder Arian Simone explained each time of the week had its ain purpose. The store was conscionable a tiny portion of the foundation’s Venture Capital Week.
“On Monday, it was kids. Tuesday was teens, and connected Wednesday erstwhile we chose a Collegiate audience, it was lone close to bash CAU due to the fact that we are an HBCU-led Venture Fund,” Simone said.
During the workshop, a $10,000 giveaway took spot to assistance a existent pupil with their ain business. As good arsenic 2 $500 Steve Madden acquisition cards, courtesy of Steve Madden. Less than 24 hours earlier the store commenced, Simone announced a $5 Million Dollar Investment fixed to them by Ally Bank.
Arian Simone told the Atlanta Voice, “All of the dollars we person from institutions get deployed into Women of Color Businesses.”
Simone continued that the Fearless Fund is the archetypal instauration started by women of colour for women of colour owned businesses. Simone co-founded the Fearless Fund successful 2010 on with Keisha Knight Pulliam and Ayana Parsons.
Leyonna Barba, Managing Director of Technology and Disruptive Commerce with Middle Market Banking astatine J.P. Morgan Chase spoke astir however the money volition enactment achromatic owned businesses.
“Black businesses successful peculiar person been near to the side,” Barba said.
During the store Simone hosted a fireside chat with Steve Madden wherever they gave proposal to aboriginal concern owners connected however they could capitalize disconnected of their ideas.
“You can’t conscionable helping it each the time,” Madden said to students erstwhile speaking connected the failures helium has had passim his career.
Madden’s mentee, Greg Meyers introduced Madden by giving past of the opening of his career. “Steve Madden started his institution with $1,100,” Meyers told the audience.
Students were successful daze and funny astir what kept Madden and Simone motivated to get things done erstwhile it came to their businesses.
“I person a batch of grit, but astatine immoderate constituent you request help,” Madden explained erstwhile reminiscing connected the occurrence of his brand.
The Atlanta Voice had the accidental to talk with Madden and sermon what made his narration with Fearless Fund Founder Arian Simone truthful successful.
“I utilized to place with what she is doing, truthful she is benignant of an astonishing girl,” Madden said. He continued to accidental that helium wanted to proceed to enactment with her. Simone told the Voice that the Fearless Fund and Steve Madden person much projects successful the works that haven’t been announced yet.
“Some of the radical are connected a antithetic acceptable of trajectories, but we volition bash something. I cognize we were talking astir Slutty Vegan,” Madden said excitedly.
Simone told the Voice that Steve Madden’s Diversity and Inclusion efforts person been “ginormous.”
“They privation to marque definite their institution is simply a spot to enactment that is highly diverse. They privation to marque definite they are serving their consumers,” Simone explained.
Simone and Madden person partnered unneurotic with the Fearless Fund’s Education Program, which is simply a bid of masterclasses tailored to women of colour entrepreneurs.
“This spot is astonishing and I conjecture we request much achromatic universities similar this. Where radical tin beryllium comfy and larn and not person to interest astir that different stuff. I deliberation it is great,” Madden said astir his clip astatine CAU.
The Fearless Fund has unpaid opportunities for women of each ages and adjacent much opportunities for women of colour that ain businesses.
Jasmine Carter, an alumna of Alabama State University is simply a unpaid with the Fearless Fund and a proprietor of Got Yo Back, LLC, a concern centered astir Hygiene and Food Drives for Black Women successful need.
“It is simply a creaseless acquisition with the opportunities they have,” Carter said.
To put successful the Fearless Fund and support up with the caller programs that volition beryllium announced soon, sojourn the Fearless Fund at www.fearless.fund .