The Racial Equity Portfolio provides funding to select Black enterprises focused on economic empowerment and social impact in Brazil.
NESsT Welcomes Afrotourism Enterprise Diaspora.Black into its Racial Equity Portfolio in Brazil
Diaspora.Black, a social enterprise in the tourism and events sector, joins the NESsT Racial Equity Initiative. With NESsT’s investment, Diaspora.Black will offer training and funding to local Afro-entrepreneurs, fostering a community dedicated to expanding tourist routes that bring more visibility to the history and culture of Afro-Brazilians.
NESsT Launches the Racial Equity Entrepreneurship Initiative with support from Citi Foundation
Movimento Black Money receives investments from NESsT and Google
Movimento Black Money (MBM) aims to transform the economic reality of the Black community in Brazil through entrepreneurship, education, and financial services. NESsT welcomed MBM into its portfolio to initially support Mercado Black Money, an online marketplace for Black-owned businesses, sustaining its growth with capital and business mentorship. Google for Startups announced Movimento Black Money as one of the 12 new Brazilian startups that will receive equity-free funding through its Black Founders Fund.
