Comerica Bank Backs Black Woman in Launching Program Designed to Help African and Caribbean Entrepreneurs Get Access to Capital

The program is a FREE 6-week (virtual) capital readiness accelerator designed to educate entrepreneurs on how to best position their businesses to raise capital. The accelerator consists of 6 classes lasting up to 2 hours each, covering subjects around debt and equity financing, establishing product market fit, gaining traction, building business credit, and finding grants.

Benefits of the Program

By the end of the accelerator program, participants will understand the many types of capital sources available, how to find them, and how to qualify for funding from those capital sources. Business finance experts from Comerica Bank (and other financial institutions) will also attend several sessions to provide information and advice, and answer questions.

Participants will learn about various types of Comerica Bank products and services provided including their financing solutions for early-stage companies in the technology sector and other financing products for small businesses.

Participants who successfully complete the program will get 6 FREE one-on-one sessions with the class instructor to further assist them in their fundraising efforts. They will also be considered for future opportunities to apply for grants and debt and/or equity funding through other VentureHue programs.

How This is Different from Other Accelerators

Other accelerators may focus on product development or customer discovery (it varies). The program focuses on how to better position and prepare your business to raise capital. It helps applicants to understand where they need to be and what they need to do to get there to meet their capital-raising goals. Our program mission is to help entrepreneurs with limited access to capital, networks, and other resources get the education and support they need to scale their businesses and fuel job creation.

Who Should Apply

Our primary focus is to assist diverse, underrepresented, and overlooked entrepreneurs (especially of African and Caribbean descent) that have already identified their product or service offering, have some traction/skin in the game (e.g. customers, users, live website, app, etc.),  and need funding for growth.

How to Apply

The program is a FREE 6-week (virtual) capital readiness accelerator designed to educate entrepreneurs on how to best position their businesses to raise capital. The accelerator consists of 6 classes lasting up to 2 hours each, covering subjects around debt and equity financing, establishing product market fit, gaining traction, building business credit, and finding grants.

Benefits of the Program

By the end of the accelerator program, participants will understand the many types of capital sources available, how to find them, and how to qualify for funding from those capital sources. Business finance experts from Comerica Bank (and other financial institutions) will also attend several sessions to provide information and advice, and answer questions.

Participants will learn about various types of Comerica Bank products and services provided including their financing solutions for early-stage companies in the technology sector and other financing products for small businesses.

Participants who successfully complete the program will get 6 FREE one-on-one sessions with the class instructor to further assist them in their fundraising efforts. They will also be considered for future opportunities to apply for grants and debt and/or equity funding through other VentureHue programs.

How This is Different from Other Accelerators

Other accelerators may focus on product development or customer discovery (it varies). The program focuses on how to better position and prepare your business to raise capital. It helps applicants to understand where they need to be and what they need to do to get there to meet their capital-raising goals. Our program mission is to help entrepreneurs with limited access to capital, networks, and other resources get the education and support they need to scale their businesses and fuel job creation.

Who Should Apply

Our primary focus is to assist diverse, underrepresented, and overlooked entrepreneurs (especially of African and Caribbean descent) that have already identified their product or service offering, have some traction/skin in the game (e.g. customers, users, live website, app, etc.),  and need funding for growth.

How to Apply