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Nex Cubed Launches $40 million fund targeting Black colleges and universities

Nex Cubed Launches $40 million fund targeting Black colleges and universities
Applications are now open for those wishing to apply to the HBCU Founders Fund. Nex Cubed's CEO Marlon Evans expects the fund to close by the end of the year and plans to deploy the capital through cohorts, with the idea to invest in about 20 companies per year across two cohorts — one in the spring and one in the fall. With that, he expects most of the capital to be deployed within four years, with reserves for follow-on funding.
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Iowa West Foundation funnels $3.2 million into southwest Iowa communities

Iowa West Foundation funnels $3.2 million into southwest Iowa communities
Iowa West Foundation funnels $3 million + into southwest Iowa communities November 22, 2021 Grants & initiatives bolster education, economic development, placemaking and healthy families (Council Bluffs, IA) The Iowa West Foundation Board of Directors recently approved $3.2 million in grants and initiatives, bringing the total funding awarded in 2021 to approximately $16 million. Causes that…
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Ford Foundation commits $25 million for equitable economic recovery

Ford Foundation commits $25 million for equitable economic recovery
Ford Foundation announces five-year, $25 million grant to women-led global worker networks calling for a just economic recovery for the world’s 2.1 billion informal workers November 16, 2021 Social and labor protections for world’s informal workers — who represent 60% of all the world’s workforce — seen as crucial to equitable global economic recovery Today,…
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