Shelly Bell’s company was hatched in an ordinary home in southeast Washington, D.C., five years ago, when friends contemplated the lack of opportunity and access for Black female entrepreneurs.
After deciding to pitch ideas for businesses to one another, they threw their cash in a pot and voted for the winning idea by placing marbles in coffee mugs.
Black Girl Ventures was the winner that evening, and it has been supporting business enterprises by Black women with money, resources, community connections and other means to launch and succeed.
On Friday, Bell’s company was on the receiving end, as it was among 22 organizations that split $6 million in grants from the NBA Foundation, started a year ago to support businesses that focus on creating jobs and driving economic empowerment for Black youth and business owners.
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