Colorado welcomed its only Black-led community foundation on Monday.
as its philanthropic branch, the foundation aims to offer both programming and funds to entrepreneurs and organizations that support the Black community. “Aya” is a West African symbol for endurance and resourcefulness.
“The entire Colorado community thrives when we have choices,” said Executive Director Benny Samuels. “Why shouldn’t we all be able to choose to do business with a Black-owned tech company, shop at a Black-owned cannabis business or put donor funds and family philanthropy in a Black-serving foundation? AYA will help provide us all with the gift of choice.”
The foundation’s programs include “Jumpstart My Biz,” a four-week course for business beginners; “NAV to Connect,” a coaching and advisory service for entrepreneurs; and “Black Capital,” which teaches entrepreneurs how to build capital. “Economic opportunity, access to resources, and social agency are the foundation for true equity,” said Jice Johnson, founder and chief visionary officer of BBI.as a “programmatic community foundation” differs from similar philanthropic organizations that traditionally rely on grant-making. “To serve our community well, we need to get close to them” through programs, events and relationships with entrepreneurs, she said.
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