The NBA Foundation hosted a pitch competition on June 17, 2022, as part of the NBA’s continuation of social impact programming in Greater Cleveland following All-Star 2022 in partnership with the national nonprofit Black Girl Ventures (BGV). Seven college-aged Black and Brown entrepreneurs from HBCUs presented their business concept for a chance to win capital as part of the NBA’s social impact programming in Greater Cleveland following All-Star 2022 in partnership with national nonprofit Black Girl Ventures (BGV).
The entrepreneurs are members of BGV’s NextGen Program, an NBA Foundation program that aims to provide student entrepreneurs aged 18 to 24 with access to finance, capacity, and community. Judges for the tournament included members of the NBA family, including Cavs head coach J.B. Bickerstaff, local Cleveland business leaders, and HBCU alumni, who evaluated business ideas and provided advice to HBCU student-entrepreneurs.
Daa’iyah Fogle and Malcolm Lee tied for first place in the competition, and each received $5,000 for their firm. Fogle, a Claflin University alumnus, is the founder and CEO of Day’s Design. Lee, a graduate of Virginia Union University, is the founder and CEO of Gabb Global. For the next seven days, attendees and their networks can vote on the top pitches to determine a second-and third-place winner, who will receive $6,000 and $2,000, respectively.
Pitch competition champions included: J.B. Bickerstaff, Cleveland Cavaliers Head Coach; Luke Luwal, Founder and CEO of HBCU Buzz; Tiwanna Scott-Williams, Chef and Owner of PearlFlower; and Catheryn Cross, Owner of Cathy’s.
The post NBA Names Winners of First-Ever NBA Foundation HBCU Entrepreneur Pitch Competition With Black Girl Ventures appeared first on The Source.
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