Candice Matthews Brackeen and Brian Brackeen, general partners of Lightship Capital, have made an intentional effort to remove barriers that make it harder for minority-led businesses to raise venture capital funds or get loans.
The have closed nearly $48 million for a $50 million fund to deploy among minorities and other underrepresented groups seeking investment throughout the Midwest. In Indianapolis, they will be located in a newly-established urban innovation hub, 16Tech, where they will look for young tech companies run by people of color, women, LGBTQ, and indigenous and disabled people.
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