Plug In Ventures Hosts Founder Showcase and Demo Day
On Thursday, September 12, Plug In Ventures hosted their fifth founder showcase and demo day in Culver City, powered by Amazon.
On Thursday, September 12, Plug In Ventures hosted their fifth founder showcase and demo day in Culver City, powered by Amazon.
Plug In Ventures, a growing tech community in South Los Angeles, has received a grant of $1 million from the California Office of Small Business Advocate (CalOSBA), through the Accelerate California program, to help further their mission of supporting diverse, early-stage startups in underserved neighborhoods.
The Dream Fund is now accepting applications from small businesses and the California Office of the Small Business Advocate has partnered with Lendistry, a Los Angeles-based, minority-led small business and commercial real estate lender to administer the $35 million grant portion of its program. The fund provides $10,000 to each small business that qualifies.
Last week, Gov. Gavin Newsom announced that he had appointed Tara Lynn Gray, 57, of Fresno, as Director of the California Office of the Small Business Advocate (CalOSBA).
The State of California announced that it has selected a Black-led-and-operated financial firm in Los Angeles to act as the intermediary charged with disbursing $500 million in COVID-19 grants to California small businesses and non-profits.