Story perspectives

Black Economic Alliance Fund Secures $28.5M for Entrepreneurs

3/28/2025

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Summary

Story summary

The Black Economic Alliance Entrepreneurs Fund has secured $28.5 million of its $50 million target to foster generational wealth in the Black community.
Alaina Beverly and CEO Samantha Tweedy spearhead efforts to support underrepresented entrepreneurs.
Venture capitalist Melissa Bradley directs the investment strategy, aiming to generate $100 billion in wealth for Black and brown entrepreneurs.
The fund focuses on companies up to Series B, promoting financial inclusion and sustainable community development.

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Story summary

The Black Economic Alliance Entrepreneurs Fund has secured $28.5 million of its $50 million target to foster generational wealth in the Black community.
Alaina Beverly and CEO Samantha Tweedy spearhead efforts to support underrepresented entrepreneurs.
Venture capitalist Melissa Bradley directs the investment strategy, aiming to generate $100 billion in wealth for Black and brown entrepreneurs.
The fund focuses on companies up to Series B, promoting financial inclusion and sustainable community development.