Post Black Lives Matter- Company Promises to Do More. What has it done?

What’s happening? This should really be what have you done for me lately, like that 80s/90s pop song minus all the things that song probably says that will get you canceled. Bestbuy in 2020 committed to do better. It is investing $10 Million in a venture capital fund directed at BIPOC entrepreneurs.

Why is this important? Bestbuy is committed to ““break down the systemic barriers often faced by Black, Indigenous and people of color (BIPOC) entrepreneurs — including lack of access to funding — and empowering the next generation within the tech industry.”

How will this be important? Part of this venture will also include entrepreneurship program at Best Buy Teen Tech Centers to help develop young entrepreneurs through education, mentorship, networking and funding access.

Tech Crunch | Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders