African American Lead Technology Startup In Los Angeles Raises $225 million

A new American startup is creating history by receiving the largest investment ever for an African American lead technology startup in the nation.

Black Unicorn Factory is an African American startup that is about to take the US by storm with its game-changing strategy for businesses. This enterprising new development program, now commonly referred to as an 'accelerator' is set to receive $225 million dollars in funding from investors.

This is historic because currently only 1% of all Venture Capital is invested in African American Startups. This to date is the first and largest investment made by any investor in an African American lead Technology startup in the US. Currently, there are over 500 Unicorns in the world but not one is owned by an African American.

John Stewart, the CEO of this new startup talked bullishly about the potential of this new accelerator platform “This is a real game-changer in Financial Technology” This is the first time ever, the average hard-working, paycheck to paycheck earner, can invest in Billion-Dollar Tech Startups that were once reserved only for the rich, this has the potential to be huge and affect the lives of many.“

Black Unicorn Factory specializes in turning normal small startups into startups that stand head and shoulders above the rest. You might be thinking, what do they mean by unicorns? Well, the name unicorn refers to a tech company with an evaluation of one billion dollars or more. In essence, Black Unicorn Factory is hoping to help people achieve this level of success.

Black Unicorn Factory has gained a reputation for being one of the nation’s best growth hackers. With their expertise and drive, they have the ability to transfer any tech startup into a profitable, Billion Dollar Tech startup.

John Stewart also touched upon the process of how they were able to get to this point.
"This was thought by many to be impossible, but we have obviously now shattered that belief.
We have been beta testing our system for eight years now and I am delighted to say that we have now perfected the process"

It does indeed appear that all other Venture Capital backed startups have competition now! This startup claims that their Unicorns are going to be Bigger, Faster, Smarter, and Stronger than other Unicorns.

They also have a program called the Wealth Gap App with the slogan “Follow me for equity". If someone simply agrees to follow a company on social media they can “Earn Equity” in that unicorn. This means millions can now invest in Billion-dollar tech startups without having to invest a single dollar.

The Black Unicorn Factory target market is “Indigent Investors”. They are seeking people from all types of different backgrounds who feel that they have had enough of being restricted financially. As already alluded to, they are targeting people who once believed that these options were only regarded for the rich. In doing so changing the way we think about investing.

There are over 50 companies in the Black Union Factory, and all of these companies are on a clear path to going public in 12 months. Their exit strategy gives the investor a way to cash the stock that they receive. Our program also teaches those new to invest in the process of investing and evaluating companies.

To conclude this is a landmark moment in the history of startup companies in the tech arena. What this company has been able to achieve is remarkable and when you consider the historical context of their achievements, it only makes it more impressive. The average American is never invited to invest in a unicorn company before it goes public so this really does present a fantastic opportunity.

The CEO of this company John Stewart has Over 30 years of experience in building Startups, he can be described as a serial Entrepreneur, Activist, Author, Investor, Philanthropist, speaker, and mentor.

John Stewart
Black Unicorn Factory
+1 310-362-6999
email us here

Alabama Nurses Association elects 1st African American president

The Alabama Nurses Association elected its first African American president in its 107 year history.

The organization named Dr. Lindsey Harris as its president.

The organization will induct Dr. Harris in a ceremony on the afternoon of Friday, September 25th.

According to a news release, Dr. Harris earned her bachelor of science nursing degree from Samford University, her master of science in nursing as a family nurse practitioner and her doctor of nursing practice from the University of Alabama at Birmingham School of Nursing. Dr. Harris is a past president of the Birmingham Black Nurses Association, Inc. (BBNA) and a member of the National Black Nurses Association (NBNA).

[SOURCE: ABC3340]

THE CONGRESSIONAL BLACK CAUCUS UNVEILS POLICY AGENDA TO ADVANCE BLACK FAMILIES: THE JOBS AND JUSTICE ACT OF 2020

(Black PR Wire) Washington, D.C. – Members of the Congressional Black Caucus (CBC), unveiled the second edition of the Jobs and Justice Act. The comprehensive legislation developed by the Congressional Black Caucus is aimed at increasing the upward mobility of Black families in America. The bill was first introduced in 2018 by then-CBC Chair Cedric Richmond (LA-02).

The Jobs and Justice Act of 2020 is a package of over 200 bills championed by members of the CBC. This omnibus bill addresses a wide range of issues, from community and economic development, and educational opportunities, to health disparities, environmental justice and comprehensive criminal justice reform. It is a bold proposal to advance Black families in the 21st Century. 

At a time when COVID-19 has disproportionately impacted Black communities in many different ways, it is imperative that the Jobs and Justice Act serves as a holistic response for Black America to not only survive the pandemic, but thrive after it ends. 

“When we developed the Jobs and Justice Act of 2020, we knew that Black America was going to need policies that not only solved the imminent issues but addressed the long-term impact of COVID-19 on our community, said Rep. Karen Bass (CA-37), Chair, Congressional Black Caucus. I am proud to present the second edition of the Jobs and Justice Act, which is a direct response to critical issue areas including the short term and long-term impact of COVID-19. Since 1971, the CBC has been a voice in Congress for the African-American community and in a year where the stakes are extremely high for Black Americans, we encourage lawmakers to support the provisions in this bill.”

2020 is an historic year for the Black community with a series of existential threats we never could have imagined: Widespread voter suppression efforts, including the undermining of our election by the President and his administration; a purposefully undercounted Census; a global pandemic disproportionately impacting Black people; an epidemic of police brutality; and emboldened White supremacists. 

The CBC is fighting for public policies that advance the human rights, civil rights, and economic rights of Black Americans. That’s why we are pleased to introduce the Jobs and Justice Act of 2020. This package reflects the legislative priorities of the Caucus. 

Some of the provisions of the bill include:

• Robust funding to combat the COVID-19 pandemic through targeted contact tracing, testing, and treatment, along with research and data. 
• Raising the minimum wage to $15 an hour. 
• $7.5 billion for investments in transportation infrastructure through the successful “TIGER” program, which provides grants to local governments to fund innovative highway, bridge, and transit projects. 
• $7.5 billion to help specifically upgrade water infrastructure and ensure clean drinking water for families. 
• Encourages government contractors on infrastructure projects to actively recruit, hire, and provide on-the-job training to African-Americans ages 18 to 39 through existing jobs, apprenticeships, and “earn while you learn” programs. 
• Provides the Minority Business Development Agency, the only federal agency dedicated to supporting Black businesses, with statutory authorization. This means more access to capital, contracts and markets. 
• Expands the grants for HBCUs to help with acquiring the technological resources needed to continue offering competitive academic programs in the STEM field. 
• Establishes “baby bonds” to give every American child a seed savings account of $1,000 at birth to aid with long term savings goals.
• Incentivizes food service providers such as grocers, retailers, and nonprofits to help eradicate food deserts, which disproportionately impacts communities of color. 

The Jobs and Justice Act of 2020 reflects solution-oriented policies to enhance the livelihood of Black people in America. As the “Conscience of the Congress,” the Jobs and Justice Act of 2020 reflects solution-oriented policies to enhance the livelihood of Black people in America. The CBC will continue to fight for legislative policies for our communities. 

Section by Section Summary of the Jobs and Justice Act of 2020, click here.

Black doctors’ group forms task force to review virus vaccine

*The posting of this article on African American Reports is NOT an endorsement of taking any vaccine produced under the current President of the United States. It’s for informational purposes only.

The Black community may be more receptive ‘if members of our task force give it the green light,’ says Dr. Leon McDougle.

The National Medical Association, a group of Black physicians, has created a task force to independently vet COVID-19 drugs, vaccines and government regulations amid the coronavirus pandemic.

“It’s necessary to provide a trusted messenger of vetted information to the African American community,” Leon McDougle, a family physician and president of the NMA, told StatNews. “There is a concern that some of the recent decisions by the Food and Drug Administration have been unduly influenced by politicians.”

McDougle explained that the group’s goal is to help address the suspicion in the Black community about a vaccine, given the community’s dark history of dangerous medical testing, like the infamous Tuskegee experiment.

“I think this will help to increase uptake in the African American community, if members of our task force give it the green light,” McDougle said. But he emphasized that their stamp of approval would come only if data shows that the vaccine is, in fact, effective and safe.

Read more: https://news.yahoo.com/black-doctors-group-forms-task-143110237.html

Benjamin Crump statement on grand jury decision in Breonna Taylor case

Civil Rights Attorney, Benjamin Crump released the following statement after Kentucky Attorney General Daniel Cameron announced that none of the three officers involved in Breonna Taylor’s shooting would be charged with her death and only one officer will face charges for shooting into a neighbor’s apartment on the night of the raid.

“This is outrageous and offensive to Breonna Taylor’s memory. It’s yet another example of no accountability for the genocide of persons of color by white police officers. With all we know about Breonna Taylor’s killing, how could a fair and just system result in today’s decision? Her killing was criminal on so many levels: An illegal warrant obtained by perjury. Breaking into a home without announcing, despite instructions to execute a warrant that required it. More than 30 gunshots fired, many of which were aimed at Breonna while she was on the ground. Many others fired blindly into every room of her home. A documented and clear cover-up, and the death of an unarmed Black woman who posed no threat and who was living her best life. Yet here we are, without justice for Breonna, her family and the Black community.

“If Hankison’s behavior constituted wanton endangerment of the people in the apartments next to hers, then it should also be considered wanton endangerment of Breonna. In fact, it should have been ruled wanton murder. How ironic and typical that the only charges brought in this case were for shots fired into the apartment of a white neighbor, while no charges were brought for the shots fired into the Black neighbor’s apartment or into Breonna’s residence. This amounts to the most egregious disrespect of Black people, especially Black women, killed by police in America, and it’s indefensible, regardless of how Attorney General Daniel Cameron seeks to justify it.

“The rallying cries that have been echoing throughout the nation have been once again ignored by a justice system that claims to serve the people. But when a justice system only acts in the best interest of the most privileged and whitest among us, it has failed. For the sake of Breonna Taylor, for the sake of justice, and for the sake of all Americans, law enforcement agencies and their representatives throughout the country need to take a long, hard look in the mirror. Is this who you are? Is this the example you want to set for the rest of the world and for future generations?

“Today’s news falls far short of what constitutes justice. But by no means does it define this movement or this moment in our history. The Grand Jury may have denied Breonna justice, but this decision cannot take away her legacy as a loving, vibrant young Black woman who served on the front lines in the midst of a devastating pandemic. It is our hope that through the FBI’s investigation, we will finally get the justice for Breonna that the Grand Jury refused her today.

“Make no mistake, we will keep fighting this fight in Breonna’s memory, and we will never stop saying her name.”