P&G Ventures, DNM, RVS partner to provide support and resources to entrepreneurs of colour
Procter and Gamble Ventures, the early stage startup studio within P&G, is partnering with Disruption Now Media and Revitalize Venture Studio to host two free virtual events by May. Both events are designed to provide entrepreneurs of colour with resources, support and mentorship as they start and build new businesses.
Through these events, P&G Ventures aims to arm entrepreneurs of colour with information and resources to help them address the obstacles that may be standing in the way of growing their businesses.
Speaking on the partnership, the Senior Vice President and Founder, P&G Ventures, Leigh Radford, said: “At P&G, diversity and inclusion run through everything we do. With that in mind, we are pleased to support these events that celebrate the innovations from entrepreneurs of color, while also providing resources to tackle challenges they may face in their entrepreneurial journey. The more diversity that’s represented in the start-up ecosystem means that new products and innovations will reflect the needs of more people.”
In collaboration with Disruption Now Media, Break Down – Breakthrough: The Realities of Entrepreneurship will be a free virtual event held on Friday, May 7, 2021 at 2-4 pm ET, designed to provide entrepreneurs of color with the resources and guidance to overcome any hurdles they may face. This event will give founders and aspiring entrepreneurs access to insights and advice from several successful leaders in the world of venture capital and entrepreneurship, including:
Candice Matthews Brackeen, General Partner at Lightship Capital, Clarence Wooten, Co-Founder and General Partner at Revitalize Venture Studio, Monique Idlett-Mosely, Co-Founder and Managing Partner at Reign Venture Capital, Leigh Radford, Senior Vice President and Founder at P&G Ventures, Rob Richardson, Founder of Disruption Now Media.
Separately, Revitalize Venture Studio and P&G Ventures are inviting Black entrepreneurs to submit their innovative product pitches for Pitch BLCK. All submissions will be considered for the live pitch event on the voice-only social app Clubhouse, where participants and judges won’t be constrained by any visual biases. Submissions will be open April 20, 2021 through May 7, 2021 for entrepreneurs, inventors and startups that have early-stage, fast-moving, consumable, or consumable-plus-device-enabled innovative technologies. Four selected finalists will have the opportunity to pitch their product to the panel of expert judges on May 19 from 6-7pm ET on Clubhouse (no advance registration required). The panel of judges includes:
Clarence Wooten, Co-Founder and General Partner at Revitalize Venture Studio, Jason Breen, Senior Director, Enterprise Accelerators, Target, Lee Henderson, Partner and Americas Private Leader at EY, Leigh Radford, Senior Vice President and Founder at P&G Ventures.
The winner of Pitch BLCK will receive $30,000 investment which will go towards a crowdfunding campaign to raise $300,000 or more to continue the development of the winning innovation.
According to the organizer the registration is now open for Break Down – Breakthrough at disruptionnow.com/pg.
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