In so doing, they're trying to bridge a historic divide between incubators that focus on high-tech, mostly white businesses and the African American business community. GRABB 5 is funded by Start Garden and the Grand Rapids Economic Development Corp."The question of underserved populations is really a question of unconnected populations. For nine years, Ross served as co-executive director of LINC UP, a Kellogg Foundation-funded community development organization in Grand Rapids. GRABB and Start Garden have been holding monthly networking dinners for more than a year. Traditionally, the focus, particularly of investment organizations like Start Garden, has been on high-tech/high-growth/high-reward startups.

Source: Forbes June 11, 2017 05:03 UTC