Northwestern Mutual, in partnership with gener8tor, today announced the addition of five promising tech startups to its innovative Black Founder Accelerator program. An extension of the company’s Sustained Action for Racial Equality (SARE) Task Force, the program demonstrates Northwestern Mutual’s commitment to closing the racial wealth gap and empowering the next generation of Black entrepreneurs.
These startups – the first of two five-company cohorts joining the Black Founder Accelerator program in 2023 – are eligible to receive a $100,000 investment, access to venture capital partners, individualized coaching from Northwestern Mutual executive mentors, inclusion in a specially curated 12-week program and more.
“Since the program’s inception, we’ve partnered with more than two dozen Black-founded startups nationwide, with program alumni positioned to raise additional funding, secure contracts and partnerships, and continue to grow their businesses,” said Abim Kolawole, chief audit executive at Northwestern Mutual. “We remain committed to helping more Black entrepreneurs reach their potential and pioneer a pathway for future innovators to thrive in technology and business.”
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