HBCUvc Angels:
Invest in Startups alongside the Top Black VC Funds
An Angel Investing Network for HBCU Alums and Allies.
Investing in startups is a key driver of wealth and economic opportunities in the United States. Investors have a unique opportunity to shape our future through the companies they invest in. Currently, $280B is invested in startups yearly, with 93% of these dollars controlled by white men.
HBCUvc’s Angel Investing Network, is an approach to collective investing in and for the well-being of Black people. Our intentional community of mission-driven leaders advocate for change and impact through our investments. HBCUvc’s origins are rooted in the legacy of Historically Black Colleges and Universities (HBCUs), which forged opportunities for Black Americans and continues to do so for all Americans. We extend this work by mobilizing leaders to invest in Black-led funds, startups, and institutions to build a collective future where Black people thrive.
*Participants must be accredited investors as defined by SEC regulations
The Practicals
Time & Commitment
HBCUvc Angels is a new initiative to mobilize accredited investors to invest in accelerating change and generating wealth in Black communities. The initiative will offer cohort-based training to participants who make an impact pledge to invest in Black led startups. HBCUvc will facilitate investment opportunities from its network of top Black-led VC funds. HBCUvc then researches and performs due diligence on investment opportunities and holds monthly virtual meetings where 2 - 3 opportunities are presented to our HBCUvc Angel network. Network members decide how often they would like to attend meetings. Recordings are made available to all Angel members. Following each investment meeting, if Angel members collectively decide to invest, HBCUvc generates an investment vehicle called Special Purpose Vehicle (SPV) to pool money and invest in the fund or startup. Outside of monthly virtual meetings, Angel members are invited to in-person membership events and HBCUvc’s LP Day to connect with other members. HBCUvc asks that all Angel members financially support HBCUvc’s nonprofit operations through an annual contribution. All contributions support training and paid internship opportunities for to build a pipeline of future Black VCs.
Please note that the Angel Investment Network is scheduled to launch in Q1 2024. The above represents a proposed process and investment structure which is subject to change. No money or other consideration is being solicited. If sent, it will not be accepted. No offer to buy securities will be accepted. Any indication of interest involves no obligation or commitment of any kind.
An Approach Anchored in Community.
Invest alongside top Black-led Venture Funds
For angel investing newcomers, taking that first leap can be daunting. That’s why our goal is to decrease risk without sacrificing the impact by allowing our members to invest deals sourced and co-invested in by trusted Black-led VC funds. For every investment, our members are accelerating their impact by saving time and supporting startups founded by Black entrepreneurs.
Train Black Leaders How to Invest For Community Wealth Creation
Inspired by a common mission to purposefully invest toward regenerative wealth in our community, HBCUvc’s Angels Program aims to mobilize, educate, and support accredited investors—of all experience levels—who are looking to join a thriving network of angel investors.
Support HBCUs
The vitality of regenerative wealth creation in our community requires an investment in the leaders of tomorrow.
In addition to supporting Black-led startups, investments from our Angels members provide training and internship/fellowship opportunities for students and new career professionals from historically Black colleges and universities (HBCUs) who are pursuing career paths in tech and finance.
