Jimmy Lustig is an active philanthropist. He and his wife created the Lustig Family Foundation.

Month: March 2021

Supporting Organizations That Assist Minority Founders Of Startups

Supporting Organizations That Assist Minority Founders of Startups

Several organizations that are among the leaders in building businesses are assisting American minority entrepreneurs. In their efforts to encourage these minority entrepreneurs to be successful, they assist startup companies and obtain the necessary funding. Among the most prominent of these organizations are the following:


Techstars Foundation


Working toward increasing the numbers of minority founders in the tech community, Techstars, an American seed accelerator, has launched a nonprofit division named Techstars Foundation that works to improve the representation of tech founders who are minorities by affording this group grants, scholarships, and sponsorships. Today, Techstars’ vast network of startup companies that number 762 with a collective funding of more than $2 billion can make sizable contributions to diversity in the world of technology.


CODE 2040


A nonprofit organization that robustly pursues its goal of representing Blacks and Latinos in the areas of technology, investments, and entrepreneurship, CODE 2040 places college-level minority computer science students in top tech companies’ internship programs. This organization has also initiated a one-year Residency Program that provides minority entrepreneurs financial help and support from experienced entrepreneurs and investors in building companies in their communities.


500 Startups


Since its beginnings, 500 Startups has invested in startups led by minorities and women such as AllDay Media, Mayvenn, and Walker & Co. To date, 15 classes have graduated from 500 Startups. In May of 2020, 500 Startups launched its Diversity & Entrepreneurship Summit, part of a conference series connecting minority entrepreneurs with founders and leaders of the tech startup community and venture partners. Additionally, the organization launched a $25 million micro fund for investing in startups that were beginning and led by minority founders.


Black Founders


As a national network of African-American founders, Black Founders works to increase black entrepreneurs’ numbers in technology. To do so, this organization generates networking events, educational programs, and a conference series throughout the year. One program begun by Black Founders is HBCUHacks, a series of weekend hackathons that provides students attending historically black universities and colleges opportunities to develop computer science skills so they can invent software and apps. One-fifth of those participating students who graduate with a degree in engineering have benefited from this successful program.

How You Can Support Texas Following The Power Crisis

How You Can Support Texas Following the Power Crisis

The brutal winter storms in Texas are causing blackouts, and many residents have been left without power and water. These need to help residents cope with life in the crisis amid the pandemic. Below are several ways to support the state no matter where one is location-wise. Although there are organizations and relief funds to work with, use the choices below before finding them.


Donate to Mutual Aid Fund


Some of the mutual aid funds helping people in Texas during the blackout crisis include Austin Mutual Aid, Feeding the People Dallas, and Mutual Aid Houston. People are burning their furniture and clothes for warmth and boiling snow for water. The mutual aid funds are mobilizing venerable residents giving them food, clothes, and shelter. Local volunteers in Austin relocated the homeless population in hotel rooms.


Support Food Banks


Texans are running out of food since the weather crisis is disrupting the supply chain. The grocery stores and food pantries are empty. The stockpiled in houses is spoiling since there is no power to operate the refrigerators. Supporting food banks such as Feeding Texas will provide food to families in need.


Give Grants to National Organizations


National organizations one can support include Salvation Army, American Red Cross in North, South, and Central Texas. Monetary donations contributed to these organizations serve the most vulnerable people in this community during the natural disaster.


Support the First Responders


First responders and medical practitioners work day and night to support the communities. The Austin EMS Association is receiving monetary donations to feed its personnel. Many medics are working more than 24 hours without going home as call volume has doubled. It has become difficult for medics to search for food. First respondents also need food. They have to make sure roads are passable before going home.


Support the Fund Emergency Supplies


Find emergency supplies such as the Austin Area Urban League are receiving donations to provide emergency food, clothing, shelter, and other supplies to Texas residents. Austin Pets Alive is also accepting monetary donations to keep animals warm and safe during the storm.


Thousands of Texans are still in need of relief. Showing support through any of the highlighted ways will alleviate the States suffering to some extent.

Powered by WordPress & Theme by Anders Norén