Business and Finance
9 Black CEOs Selected for 2024 Echoing Green Fellowship
Nine Black Americans, from CEOs to founders, have been chosen for the 2024 cohort of the Echoing Green Fellowship. The highly regarded nonprofit provides seed funding to organizations, including partnerships with nearly 1,000 social innovators around the globe.
Black social innovators are amongst 44 recipients out of two,100 applicants on this yr’s cohort. Recipients from 21 countries will constitute one in all the biggest and most geographically diverse cohorts within the organization’s history.
Fellows will receive $80,000 in unrestricted funding over the course of their 18-month fellowship. That technique of the $3.5 million in funding this yr, $720,000 shall be invested in Black American fellows who can use the cash for any purpose.
Fellows will join an ongoing community of progressive thinkers, strategic partners, and industry peers. Isaac Esene, Founder and CEO Good work, says his nonprofit organization that teaches you life-saving concepts goals to teach a brand new generation of energetic witnesses who can do greater than just record traumas on their phones.
“With this support, we can increase health awareness and public safety in communities, empowering youth through our expanded digital training initiatives,” said Esene BLACK ENTREPRENEURSHIP in the e-mail.
Akonwa Mubagwa, CEO and Co-Founder Wine Solarsays its solar and web connectivity business plans include use the grant to expand this system to incorporate job training for solar technicians. It says it would achieve this in partnership with existing government programs.
“Thanks to the fund, we have been able to continue our outreach and education activities, as well as employ key people who are essential to creating a successful programme by the end of 2024,” Mubagwa said TO BE in the e-mail.
This group is the fourth and final group of grantees supported by the Racial Equity Philanthropic Fund, in response to a press release. The fund was launched by Echoing Green in 2020 to construct sustainable pathways of funding and support for next-generation leaders advancing racial equity. News of the newest group comes after Echoing Green announced in May 2024 that it was launching a separate $15.6 million fund to offer capital to Black social innovators.
Thinking a few latest group, Green President Cheryl L. Dorsey said, “From the hottest year on the planet to date, to ongoing global threats to democracy, to the rollback of hard-won progress on racial equality, these are challenging times. We need bold solutions now to these and other serious challenges.”
The cohorts work across a broad spectrum of social innovation areas, including climate justice, education, social justice and healthcare.
Here are the African Americans who’re a part of this yr’s group:
- Akonwa Mubagwa, CEO and Co-Founder of Winko Solar, Inc.
- Tabitha Mpamira, Founder and Executive Director of Mutera Global Healing
- Lydiah Bosire, Founder and CEO of 8B Education Investments
- Joy Cooper, Co-Founder and CEO of Culture Care
- Isaac Esene, Founder and CEO of GoodWorks
- Ashley Williams, Fatherunder and CEO, Clymb
- Demetrius Lancaster, Founder and Executive Director of the Joy Education Foundation
- Derwin Sisnett, Founder and CEO of Adaptive Commons
- Godfrey Riddle, Founder and President of Civic Saint
The next application cycle for the 2025 Echoing Green Fellowship will open on September 17, 2024. Go to Here for more details.