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Northwestern Mutual: Launches Initiatives To Aupport Black Startup Founders

November 25, 2020

Northwestern Mutual has launched new initiatives that will support Black startup founders nationally and locally in its headquarters of Milwaukee
The company’s venture capital fund, Northwestern Mutual Future Ventures, will dedicate $20m to investing in startup companies founded by Black entrepreneurs
The investment criteria for the $20m Black founder funding allocation aligned with Northwestern Mutual Future Ventures key strategic areas of focus
The company will also launch the Northwestern Mutual Black Founder Accelerator powered by gener8tor, a startup accelerator
The 12-week accelerator will run up to two cohorts of five companies a year and startups must aligned to Northwestern Mutual Future Ventures investment areas of focus
Then the first cohort will begin in early 2021