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New Voices Fund is a $100 million fund created to empower women of color entrepreneurs to reach their full potential. The $100M fund is designed to level the playing field, providing women of color entrepreneurs with unprecedented access, capital, and expertise they need to excel. New Voices provides capital for start-ups, established businesses and community-based enterprises led by women of color entrepreneurs. The firm works with businesses as early as Seed round to and through Series C funding. Target sectors include consumer, fashion, technology, and media. New Voices Fund was founded by family-run conglomerate, Sundial Brands, owner of best-selling brands SheaMoisture and Nubian Heritage. The brainchild of co-founder and CEO Richelieu Dennis, New Voices Fund is consistent with a long-standing tradition and business philosophy of 'taking care of and investing back in the community.' In addition to the New Voices Fund, the New Voices Foundation, the 501(c)(3) non-profit arm of the New Voices Fund, was established to inspire a society and economy that supports and values entrepreneurial women of color for the significant positive, innovative contributions they make and will continue to make in the future. Recoverable grants will be awarded to businesses of interest that are not yet ready for equity or other forms of investment.
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