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Triple venture

Diversity & Ethics

Birds of a feather flock together. For evidence look no further than financing in the startup world.

Already there are venture capital funds available for female founders. Now a Black trio of brothers from Toronto is creating opportunities for BIPOC entrepreneurs.

Struggling to finance his cannabis business, the youngest sibling turned to his showbiz brothers, who had successfully launched a support program for Black actors in Film.

Their fund is currently worth €16 million, a figure that could soon increase fourfold.

Young enterprises with at least one BIPOC founder are provided cheques between €330,000 and €3.3 million, with the focus on medtech, edtech, fintech and real estate startups.

Time and again, it seems, Black actors are serving as role models.

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