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RI foundation launches new business accelerator for BIPOC entrepreneurs

via Rhode Island Inno

A new accelerator called bETA — BIPOC Entrepreneurship Through Acquisition — is launching to give aspiring BIPOC entrepreneurs in Rhode Island the knowledge, tools and access to capital they need to acquire and run an already existing and successful small business.

The New Majority Capital Foundation is introducing the eight-week program. According to New Majority Capital co-founder Darryl Lindie, there is a major opportunity to change the landscape of business ownership and close the racial and gender wealth gap in Rhode Island and the U.S. more broadly. He said bETA is designed specifically to address those gaps.