Richelieu Dennis founder of SheaMoisture officially launches $100 million New Voices Fund supporting women of color at the Essence Festival. I first learned about this fund at the Black Women Talk Tech Conference in February. Where Richelieu was intervened by Kimberly Weisul Editor-at-Large, Inc. Where he believed “that we should invest our profits where we make our profits.” 
New Voices Fund provides capital for start-ups, established businesses and community-based enterprises led by women of color entrepreneurs. They work with businesses as early as Seed round to and through Series C funding.
In addition to the launch of the new fund, they sponsor a pitch competition where Yelitsa Jean-Charles founder, of Healthy Roots Dolls won $25, 000.00. Healthy Roots is a toy company that creates dolls and storybooks that reinforce positive self-perceptions of the richly diverse, varying shades of complexion and natural hair textures among girls of color.
Learn how your business can access the 100 million dollars. Head over to the New Voices Fund.
