Barclays has launched a virtual accelerator programme to support tech startups founded by Black entrepreneurs.
In Brief:
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It will focus on early-stage tech businesses.
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The programme will last 12 weeks from 12 November.
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It will include 25 companies, offering a series of masterclasses and professional coaching.
What does this mean?
Barclays has teamed up with Foundervine, a social enterprise, to power the accelerator. It will also offer access to its Eagle Labs network in the UK and community events to all participants. Barclays says there’s a notable lack of diversity among startups and their founders, especially when it comes to Black entrepreneurs.