While attending Oakwood University as a business major, Terrel Davis became a serial student entrepreneur who recognized three significant problems that HBCU students faced: lack of resources, services, and funding.
As such, he decided to establish HBCU Seed, a venture capital and private equity firm that solely invests in businesses owned by HBCU students, alumni, faculty, and staff.
Through HBCU Seed, Davis has partnered with the HBCU Seed Foundation, allowing businesses that are vetted by an entrepreneurship center consortium, as well as those receiving services and resources from one of the centers, to receive from the pooled venture capital.
As one of the first Black-owned HBCU venture capital firms, this organization will bring together 107 HBCUs to become equity partners and pool a large sum of investment funding to provide entrepreneurship opportunities and resources for HBCU students, alumni, and their staff.
Learn more at hbcuseed.com.
Posted in: Business + Economics