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Home African American News

Keisha Knight Pulliam & Arian Simone Are Investing $5 Million Dollars In Black Women-Owned Businesses

Stephen Small by Stephen Small
October 15, 2019
Reading Time: 2min read
0
Keisha Knight Pulliam & Arian Simone Are Investing $5 Million Dollars In Black Women-Owned Businesses

When Black women want something done — we have to do it ourselves. The same holds true when it comes to bridging the funding gap for Black female entrepreneurs.

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, founded by actress Keshia Knight Pulliam and her business partner Arian Simone, will deploy $5 million in pre-seed, seed, and Series A startups.

The fund already has five portfolio companies, including , a beverage company founded by ‘Forbes 30 Under 30’ entrepreneur Nailah Ellis-Brown; , an Atlanta-based fintech platform for women entrepreneurs; and 100 Black Angels Fund, a fellow investor in minority-founded startups.

Simply put: these two Black women are addressing inequity by building equity of their own.

Through the Fearless Fund, Simone and Pulliam are highlighting how diversity significantly impacts a company’s performance and potential to provide investor returns.

The two first-time fund managers have also brought on several established power players in the entrepreneurial space to help the initiative reach its’ full potential. Entrepreneur Rodney Sampson (Opportunity Hub founder and a Professor of Entrepreneurship at Morehouse College) and Tracy Gray (founder and Managing Partner of venture capitalist firm The 22 Fund) have both joined the team as advisors.

The Fearless Fund plans to invest in about 20 more companies over the next few years. Well done, ladies!

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Stephen Small

Stephen Small

Rev. Small realized God was present in his life as a child, and grew into an adult with a passion for knowing and understanding God, people and the difficulties of life. Rev. Small soon can to know Jesus Christ, and the presence of the Holy Spirit has he experienced the storms, trails, and tribulations of life as a Black man in America. Rev. Stephen C. Small survived numerous demonic assaults on his life, which gave meaning to God’s grace and mercy. Rev. Small reasoned that God’s presence in the world gives hope, meaning and purpose; it is the essence of learning, love and relationships. Rev. Small humbled himself and opened his heart and mind to listening, learning and obeying God. On sabbatical from a business career, Rev. Small earned a Biblical Studies degree, and Master of Divinity. Rev. Small’s faith and dedication to serving God is the reason he created Trueword Ministry; TWM’s website as an evangelism tool, designed to proclaim the gospel of Jesus Christ to Africans, African Descendants and the entire human race.

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