For Immediate Release
November 14, 2020
Contact Information

Center for Black Innovation

(BPRW) Center for Black Innovation receives a combined $2.1M investment

Organization helps to economic pathways to increase Black entrepreneurship

(Black PR Wire) The Center for Black Innovation has announced that the  Knight Foundation, Surdna Foundation, and Comcast NBCUniversal’s combined $2.1 million investment in the Center for Black Innovation’s missions to increase Black entrepreneurship in Miami and throughout the nation. 

The new support includes $1.5 million from Knight, $350,000 from Surdna, and $250,000 from Comcast NBC Universal. 

Previously known as Code Fever Miami, the center will provide startup and investor education for Black tech entrepreneurs in cities across the nation. The center will also serve as a research center committed to creating equitable pathways for Black founders to thrive and build capital.

How the Center works 

The new investment will enable the Center for Black Innovation to:

  • focus on supporting Black startups, providing investor education, and conduct ongoing data collection to better understand how Black tech entrepreneurs participate in local startup ecosystems; 
  • launch new programming that includes angel investor training and venture capital investor matchmaking sessions; 
  • and offer a mix of in-person and virtual courses at the center’s headquarters in Miami’s Overtown neighborhood, with additional programming and events taking place in cities across the nation.

Read more about the new support for the Center here
and visit our website here to learn more about up upcoming programs. 

The Center for Black Innovation is a think tank and black innovation ecosystem building organization with the understanding that smart cities and communities are formed by cultivating great leaders, entrepreneurs, and real capital pathways that values black culture and communities as our greatest asset.

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