Our Mission
To build an investor-activated capital ecosystem that broadens participation in early-stage markets and supports the long-term growth of Black founders, investors, and innovation communities.
Founded in 2017 by Hadiyah Mujhid, HBCUvc began as an effort to expand who participates in venture capital by creating meaningful pathways for emerging Black investors and leaders. What started as a fellowship for HBCU students has evolved into a national capital platform that develops new investors, strengthens trusted networks, and expands the flow of early-stage opportunity.
Our work is rooted in the legacy of Historically Black Colleges and Universities—institutions that opened doors where none existed and built ecosystems grounded in community, trust, and shared advancement. Inspired by that legacy, HBCUvc takes a Black-forward approach that centers the experiences and potential of Black founders and investors while welcoming all who align with our values and vision.
We believe that innovation thrives in communities that have historically been overlooked and undercapitalized. By activating new investors, cultivating trusted relationships, and strengthening the networks through which capital moves, we help ensure that Black innovators—and the broader ecosystems they influence—are visible, supported, and connected to the opportunities they deserve.
Today, HBCUvc serves as a bridge between emerging talent, experienced investors, and early-stage founders—catalyzing a more dynamic, connected, and equitable innovation landscape for all.
Leadership
Hadiyah Mujhid
CEO, Founder
Chief Operating OfficerChelsea Roberts
History & Impact
2017 Founding, First VC Training for HBCUs
Founded by Hadiyah Mujhid. Launched first-ever VC training for HBCU Students. Since 2019, our VC Training / Summer Associate program has created 205 paid internships in venture capital for Black and other historically excluded students and recent alumni.
2019 - 2021: First City-Wide VC Internship & Growing HBCU Endowments
2019: In collaboration with PledgeLA and the Mayor’s Office of Los Angeles, launched the first-ever citywide VC internship program.
2021: Partnered with Chris and Crystal Sacca to secure $2M for 20 HBCUs as an allocation in Lowercarbon Capital’s fund.
2019 - 2021: Amplifying Visibility for Emerging Venture Leaders & Entrepreneurs
Recognized 97 Black and Latinx VCs through our Emerging Venture Leaders list, which not only highlighted their impactful work but also served as “inspiration capital” that propelled many to further recognition and professional growth. 10% of HBCUvc’s Emerging Venture Leaders awardees were later featured in Forbes 30 under 30 following their recognition by us.
2021: Published book, Black Founders at Work, featuring the stories of Black Entrepreneurs & Investors. Available at all major book retailers.
2019 - 2022: Funding Black Founders
HBCUvc’s Lab Fund provided investing experience for VC training participants and awarded non-dilutive funding to 23 Black founders, helping them scale their startups with the support of Google For Startups and the MacArthur Foundation.