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Announcements

NewME accelerator gets Knight funding to continue program in Miami

Meisha Hall
March 31, 2017

Angela Benton founded NewME accelerator for entrepreneurs of color in San Francisco. Last year, she moved the accelerator to Miami and now it has received Knight funding. NewME

The NewME technology accelerator has already relocated its headquarters from Silicon Valley to Miami, and $191,000 in new funding from the John S. and James L. Knight Foundation will help it expand programming.

NewME was founded in San Francisco in 2011, and was the first accelerator focused on helping entrepreneurs of color. It offered traditional 12-week full-time accelerator programs; Brian Brackeen of Kairos went through the program. Two years ago, while still in San Francisco, the accelerator began offering one-week bootcamps instead, because as NewME founder Anglela Benton said, “many minority entrepreneurs just aren’t able take 12 weeks out of life.” Last year, NewME offered its more accessible boot camps in Miami and they were well received, Benton said, proving a Silicon Valley address wasn’t necessary to help entrepreneurs of color. She said Miami was a natural choice for NewME’s base given its diverse makeup..Read full article here!

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