National Black MBA Association® launched the Scale-Up Pitch Challenge in 2017 to address our 2020 Vision Goal of awarding $2 million in Business Grants to our membership. This challenge is a pitch competition designed to “Make Big Ideas Bigger” by encouraging our members to create startups that are scalable. We provide startups the unique opportunity to connect with early stage investors and venture capitalists who are ready to invest. Culminating at the 41st Annual Conference & Exposition in September, the winning team will be awarded a $50,000 Grand Prize, with additional to prizes for 2nd place and 3rd place as well as a People’s Choice Award.
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If you think your startup embodies a “Big Idea” that can be even bigger, this challenge is for you!
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The series finale of the highly-popular show Game of Thrones is Sunday at 9 p.m. EST, and a large portion of the country is eagerly awaiting the final show. Although it's a fictional show, the series does have the ability to teach real-life lessons. Here are some of the key business lessons you can learn from the series. (Forbes)
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The dream job finally come along but you realize there's a catch: you're currently living in a city where the cost of living is much higher and this job will most likely come with a pay reduction. Here's how to figure out if the dream job is worth the hit to your bank account. (The New York Times)
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Because Americans spend so much time at work, they often form relationships that make leaving that environment profound, and sometimes shocking. Six million Americans are out of work, and there is no hard and fast rule about how to cope when told you're no longer needed. Here are some exit interviews that give some insight into what it means to lose a job. (The Atlantic)
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After the 15th anniversary of Diversity Month, we continue to celebrate what makes us different and pursue to educate ourselves and others regarding diverse cultures, beliefs, and backgrounds. (Forbes)
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An ongoing investigation involving the possibility of capital gains being concealed within numerous offshore companies led authorities this week to invade more than ten offices in connection with this investigation. (The New York Times)
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An increasing number of colleges are preparing students for jobs in the fastest growing industry in the country. With 445 percent year-over-year growth in job listings, cannabis is far outpacing tech and healthcare career growth (245 and 70 percent, respectively). (Entrepreneur)
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A scholarship offer for a "student of Caribbean heritage" triggers a social media firestorm between Black Americans and blacks from other countries over what's exclusionary and divisive. Issues around education have often fallen into this breach, raising heated questions about who’s entitled and who’s actually benefitting from such things as scholarships earmarked for “African-Americans” and affirmative action admissions slots set aside for “African-Americans” at top universities. (Diverse Issues in Higher Education)
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Have you been holding onto a big idea that you know could be highly succesfull – if you could just get in front of the right audience? Well, now is your chance. Applications are now open for the 2019 National Black MBA Association Scale-Up Pitch Challenge. The winning team will be awarded a $50,000 grand prize. Additional prizes will be given to second place ($10,000), third place ($1,500), and the People’s Choice winner ($1,000). (Black Enterprise)
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Nine months after some of Wall Street's largest banks, including Morgan Stanley and Goldman Sachs, estimated Uber's valuation at nearly $120 billion, the company is worth about one-half of that figure. The New York Times digs deep into how it all went wrong with Uber and its public offereing. (The New York Times)
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One of the international experts who worked on the guidelines published by the European Commission, and designed to ensure artificial intelligence technology used on the EU's more than 500 million citizens is trustworthy, is now questioning whether the guidelines are credible. (WIRED)
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The Shade Room has become one of Instagram’s most popular accounts and a booming business – now founder Angie Nwandu is ready for their second act. (Fast Company)
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The relationship between Chine and America means more than the two wish to admit as both sides benefit greatly from it. This relationship has created investors and with that financial backing and inspiration. (The New York Times)
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If you're wondering whether you're going to be negatively impacted by the latest trade battle between the United States and China, the answer is most likely – yes! Walmart, the largest retailer in the world, is now warning that another round of tariffs has the potential to hit American consumers hard. (CNBC)
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The trade war has become a hazard to us all and most people are running out of patience. Try to look away from your investments just until the dust from this war begins to settle. (CNBC)
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If companies don't start offering learning and growth opportunites, then their employees will begin to seeok elsewhere in order to grow their personal professional development. (Forbes)
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As part of its efforts to make inroads into the wealth management industry, Goldman Sachs purchased Newport Beach, California-based United Capital for $750 million. It is reportedly the company's largest acquisition in nearly 20 years. (CNN)
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Business leaders are in the spotlight now more than ever thanks to social media. Now they are being pressured more so into discussing more controversial topics such as health care, sexual harassment, gun control, and immigration. ( Forbes)
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Blockchain is the foundational tech behind cryptocurrencies; so when crypto fell so did blockchain. The two were hand-in-hand for quite some time. This foundational technology however, is more than its predecessor and could possibly get the chance to help the world. (Forbes)
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CEO Jared Cohen's newest book, “Accidental Presidents,” is about the men who ascended to the highsest job in the land after the death of their predecessors. Lessons in leadership abound. (The Washington Post)
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Think about relationships in a new light. They drive your daily interactions at work, school, the grocery store – wherever you go. As you really start to narrow down your relationships and begin truly defining them, then you can begin to prioritize them. (Harvard Buisness Review)
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May 16, 2019
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