Envolve July Newsletter
July 31, 2020 – On July 30, REUNION is changing the way Black, Latinx, and Indigenous entrepreneurs get funded. REUNION is a non-equity crowdfunding and community platform that connects people who are passionate about supporting communities of color to diverse entrepreneurs.
The goal is to help groups of Black, Latinx, Indigenous, and other diverse entrepreneurs close funding gaps and secure the resources they need to thrive. Many founders of color often do not have the same access to generational wealth and informal funding networks of family and friends as their white counterparts. For businesses of color these historical early-stage challenges have become especially daunting due to the pandemic and broader disruptions. When supporters join the REUNION family they can help a founder spread the word about their business, share feedback on business strategies, and make unrestricted donations to these companies —at no cost to the entrepreneurs.
Want in? Sign up to be the first to access REUNION’s community of driven business owners, and engaged supporters and partners. Follow @joinREUNION for more and #GetEnvolved!
Envolve is proud to be a partner in this project that addresses the gaps in access to capital that many minority founders face. Join the movement to boost stories of resilience, validate strategies, and make unrestricted donations to the next generation of world-changing, wealth-building founders of color!
Earlier this month, we invited our Envolve community to use their spending power in support of Black-owned businesses in honor of #BlackOutDay2020 as a call to action to unite the Black community in economic solidarity. Black individuals spend $1.2 trillion annually in the U.S., according to a 2018 report by Nielsen. More than 40% of Black business owners said they weren’t working in April, while only 17% of business owners said the same, according to a report from the University of California at Santa Cruz. We have an amazing group of Envolve Award USA winners that you can support as well! Check out the winners and finalists from the 1st, 2nd, and 3rd cycles of our Award program.
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