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Lupe Fiasco Creates Nonprofit To Help Struggling Inner-City Businesses

Rapper Lupe Fiasco plans to do some good in the hood by helping inner-city businesses…

Via BET News:

Lupe Fiasco wants businesses in under-served communities to succeed. The rapper has teamed up with tech business leader Di-Ann Eisnor to create the Neighborhood Start Fund, a nonprofit organization that will provide monetary aid to projects in low-income areas. In addition to funding, entrepreneurs will have access to mentorship opportunities and networking events.

Those struggling to launch their businesses can compete for funding by sharing their startup goals on stage to a panel of judges. The live pitch competitions will take place around the country, with winners receiving $5,000. The first “Idea” competition will take place November 13, 2015, in Brownsville, Brooklyn, in New York City.

And because it’s important to keep investing in your community, proceeds from the funded startups will be used to fund other businesses. So it’s a project that will keep on giving.

To learn more about the program and submit or idea for selection into the Brownsville live pitch, click HERE.

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