PHILADELPHIA--(BUSINESS WIRE)--Comcast Corporation today announced a $1 million investment in Backstage Capital to support underrepresented founders at the earliest stages. In addition to capital, the fund will provide support through mentorship, amplification, fundraising, access to Backstage Capital’s community and investors, and more. “We are excited to partner with Comcast as an investor in our newest fund,” said Brittany Davis, general partner at Backstage Capital. Antonia Dean, Director, Startup Pipeline Diversity at Comcast NBCUniversal, will partner with Backstage Capital on this investment to open doors for founders across their global network. Funding for the investment was made possible through Comcast NBCUniversal’s $100 million commitment to help address systemic racism and inequality.

Source: CNN April 20, 2022 14:01 UTC