The global investment firm Techstars has selected seven D.C.-area startups to participate in an accelerator program aimed at helping Black, brown and women business owners gain more access to capital.
Among those selected were two local firms, CarpeDM and Wellthi Technologies, both recently named as Inno Fire Awards winners. Woodbridge’s CarpeDM is a matchmaking firm whose primary product is a dating app geared toward Black women professionals. D.C.-based Wellthi offers a savings platform that partners with community banks to help account holders meet savings goals.
The seven local firms were among 60 startups nationwide selected to participate in Techstars’ Advancing Cities accelerator programs underway in five cities — D.C., Atlanta, Detroit, Miami and Chicago. The program is being run in partnership with JPMorgan Chase & Co.’s private bank, which has raised $80 million to fund the effort.
The 60 companies selected will go through a 13-week program during which they will receive…
Read the full story from the Washington Business Journal.
