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Listen to the voices of these 10 Black Baltimore technologists right now

listen to the voices of these 10 black baltimore technologists right now

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It’s a time to create space, and listen.Amid large-scale civil unrest sparked by police violence and systemic racism, it’s a time to meet the moment. There’s the action of raising a voice, donating money if you can and, if you’re a Baltimore resident, voting.But, as leaders from Baltimore Corps and other local innovators often say, the people who are closest to the problem are the best positioned to figure out the solutions.When it comes to racism, that starts with amplifying Black voices.In a majority-Black city, it’s not a surprise that there is no shortage of such voices to follow. We’ve learned a lot from them in recent years.And we’re thinking a lot about those lessons now. This month was already Racial Equity in Tech Month in Technical.ly’s editorial calendar. As if that wasn’t reason enough, this weekend and this moment further reminds how important it is to support perspectives and messages from Black people. And it’s important to amplify their work, too: As we saw in Baltimore after the uprising that followed Freddie Gray’s funeral in 2015, working to end systemic racism also means …

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Venture firms rush to find ways to support Black founders and investors

venture firms rush to find ways to support black founders and investors

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As protests against police brutality and economic manifestations of systemic racism in the U.S. continue, venture capital firms are joining the chorus of technology industry advocates lending their support to the cause.
For the past three days, technology company executives and the investors who backed them have issued statements of support for the protests and the Black Lives Matter movement. Firms like Benchmark, Sequoia, Bessemer, Eniac Ventures, Work-Bench and SaaSTR Fund founder Jason Lemkin all tweeted in support of the cause and offered to take steps to improve the lack of representation in their industry.
But some Black entrepreneurs and investors are questioning the motivations of these firms, given the weight of evidence that shows inaction in the face of historic inequality in the technology and venture capital industry.
“The way to find, hire and fund black people in the tech world is the same as finding, hiring and funding any other group. You build relationships with people in that group, you seek out thought leaders from the community and learn from them, you tell your hiring and investing teams that there’s a hole in the fund’s expertise stack and you fill it. It’s not about …

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Capital Factory Launches 100K Challenge for Tech Startups

capital factory launches 100k challenge for tech startups

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[Video still: Harvard Biodesign Lab]
Capital Factory, which calls itself “the center of gravity for entrepreneurs in Texas,” has opened applications for the Human Performance Investment Challenge, which will close on June 28.
The finalists will be judged by a panel of entrepreneurs, defense industry leaders, and venture capitalists with $100,000, which will be awarded by Capital Factory on a convertible note, and a “new home” at Capital Factory’s Center for Defense Innovation on the line, according to a blog post.
The challenge will take place on July 15 during the first-ever Fed Supernova virtual conference, which is a “first-of-its-kind interactive experience” bringing together entrepreneurs, investors, corporations, and thought leaders in the defense industry, according to the post.
The two-day conference will also include keynotes, lightning talks, “Epic Office Hours,” and panel discussions. Army Futures Command’s Innovation Combine and xTechSearch programs have partnered with Capital Factory for the event.
To qualify for the Human Performance Investment Challenge, a tech startup must be based in the United States and developing hardware and/or software applications that improve a person’s physical or cognitive capabilities. You can apply for the challenge here.
Capital Factory’s Center for Defense Innovation
Last year, Capital Factory …

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Protests have Naples business owners on edge

protests have naples business owners on edge

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NAPLES


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Businesses in Collier County are still trying to get back on their feet after being closed due to the pandemic, and now some of them are worried about ongoing protests over the death of George Floyd.
Protesters on Monday packed Fifth Avenue in downtown Naples. While the protest was mostly peaceful, it still has business owners getting prepared for future events, including a planned protest Tuesday evening.
“We’ve obviously had to suffer quite a dramatic decrease in our turnover due to the coronavirus and things have now started to move and get better for everybody,” said Frederick Overdijking, owner of the Fifth Avenue Coffee Company & Sixth Street Diner.
Fifth Avenue looks busier than it has in weeks now that people are finally able to start filling seats at local hot spots.
“We’re kind of lucky because we have some seating outside,” Overdijking said. ”I think in general people like to sit outside. With coronavirus it’s a more safe environment.”
Still, Overdijking worries about safety and whether peaceful protests just streets away will turn violent. He said one precaution they’re taking is putting their umbrellas inside.
There were extra law enforcement officers along Fifth Avenue …

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Fort Wayne restoration company see increase in business due to weekend protests

fort wayne restoration company see increase in business due to weekend protests

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FORT WAYNE, Ind. (WANE) — Hundreds of protesters have gathered in downtown Fort Wayne over the past few days. But when protests turned destructive, restoration companies like Protechs Inc. were called in to help replace broken doors and windows.

Protechs Inc. is open 24 hours a day, 7 days a week, so Protechs Operations Manager Bruce Adams said it’s not uncommon to receive calls about boarding up businesses.

But Friday and Saturday night was a first, he said.

“The shock at first was when we were called out to do some of this, there was still a lot of activity downtown,” Adams said. “You are trying to put boards on and cut wood, it’s dark already, and now you have tear gas flying around. You don’t know what people are doing and obviously you got your back to the street and you are trying to secure these properties. It can be very stressful.”

Friday night, crews were busy boarding up broken windows. Then on Saturday and Sunday, crews came back to board up remaining windows and doors on some businesses as a precaution.

“Boarding up the properties in the grand scheme of things is less costly than turning around and …

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$300M small business aid package diverting federal money from local government headed to Gov. Edwards’ desk

$300m small business aid package diverting federal money from local government headed to gov. edwards’ desk

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BATON ROUGE, La. (WAFB) – Lawmakers created a new fund for small businesses that have been left out of prior coronavirus aid by diverting $300 million away from local governments in the final minutes of the regular legislative session Monday, June 2. The plan is now headed to Governor John Bel Edwards’ desk for final approval.

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Women’s Basketball Renovation Update

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June 2, 2020 THE FLATS – Construction has begun on Georgia Tech women’s basketball team area renovation project at McCamish Pavilion.Funding for the project was completed during the 2019-20 season with construction tabbed to begin during the current offseason, thanks to contributions from several benefactors, including a lead gift from Steve and Judy Zelnak last August. The Yellow Jackets’ team area renovation includes a brand-new locker room, hydrotherapy area, nutrition station and other team spaces and is expected to be completed before the 2020-21 season.Phase one of the renovation began in mid-May with demo of the current space. The project is led by DPR with assistance from Georgia Tech’s design and construction department. Women’s Basketball Renovation 2020 Women’s basketball team area renovation begins in May 2020 RELATED HEADLINES

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After a rush for more small business funding, PPP loan money remains untapped

after a rush for more small business funding, ppp loan money remains untapped

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In 14 days, the Small Business Administration processed 14 years’ worth of loans, in the first round of funding for the Paycheck Protection Program. The second round has been an entirely different story.After a rush to replenish the program with $310 billion in additional funding, the second funding round began April 27. More than a month into round two, there’s more than $120 billion still left unallocated for small businesses.Compare that to the first round, where in less than two weeks, during an unprecedented economic crisis, over a million loans accounted for some $350 billion in funding. As of May 30, 4.4 million loans have been made in both rounds of the PPP program for a total loan value of $510.2 billion.The amount is lower than had been last reported by the agency a week earlier. The SBA said the totals reflect cancellations including duplicative loans, loans not closed for any reason and loans that had been paid off.The SBA declined to comment on demand for the program.Since the average loan amount has fallen in value from the first round of funding, to $114,000, some say the capital is reaching truly small businesses. But the question remains — why has funding demand dampened in round two, …

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Visualizing Layoffs at Prominent Startups Triggered by COVID-19

visualizing layoffs at prominent startups triggered by covid-19

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COVID-19 has brought the world to a halt—but after months of uncertainty, it seems that the situation is slowly taking a turn for the better.
Today’s chart measures the extent to which 41 major economies are reopening, by plotting two metrics for each country: the mobility rate and the COVID-19 recovery rate:

Mobility IndexThis refers to the change in activity around workplaces, subtracting activity around residences, measured as a percentage deviation from the baseline.
COVID-19 Recovery RateThe number of recovered cases in a country is measured as the percentage of total cases.

Data for the first measure comes from Google’s COVID-19 Community Mobility Reports, which relies on aggregated, anonymous location history data from individuals. Note that China does not show up in the graphic as the government bans Google services.
COVID-19 recovery rates rely on values from CoronaTracker, using aggregated information from multiple global and governmental databases such as WHO and CDC.
Reopening Economies, One Step at a Time
In general, the higher the mobility rate, the more economic activity this signifies. In most cases, mobility rate also correlates with a higher rate of recovered people in the population.
Here’s how these countries fare based on the …

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‘Left to pick up the pieces’: Louisville business owners angry with response to looting

‘left to pick up the pieces’: louisville business owners angry with response to looting

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Angry downtown Louisville business owners were still reeling early this week from violence, vandalism and looting after protests left a devastating trail of destruction. No totals of estimates of damage were available after consecutive nights of protests tied to the death of 26-year-old Breonna Taylor, an unarmed black woman who was shot during a police raid at her apartment. But business owners and advocates fear millions of dollars in losses can’t match the damage to the city’s reputation.On Monday night into early Tuesday, more vandalism and looting occurred on West Broadway and parts of South Louisville after a second police shooting hours earlier led to the killing of David McAtee, a well-known barbecue stand owner. Several people in the crowd of demonstrators smashed plate-glass windows, hammered glass display cabinets inside stores and made off with everything from fine wines at the upscale Eddie Merlot’s to potato chips from a corner supermarket at Third and Broadway. They spray-painted BLM — Black Lives Matter — and other messages on buildings.A coin shop, restaurants, a Subway, a watch repair, CVS pharmacy, Heine Brothers coffee, Stewart’s Pawn Shop and several hotels were hit. That includes the 600-room Omni Louisville Hotel, where several street-level windows …

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