Movimento Black Money (MBM) aims to transform the economic reality of the Black community in Brazil through entrepreneurship, education, and financial services. NESsT welcomed MBM into its portfolio to initially support Mercado Black Money, an online marketplace for Black-owned businesses, sustaining its growth with capital and business mentorship. Google for Startups announced Movimento Black Money as one of the 12 new Brazilian startups that will receive equity-free funding through its Black Founders Fund.
Maré de Sabores caters campaign to vaccinate 36,000 residents in Maré, a favela in Brazil
Erol Foundation announces new grant to NESsT to support impact-driven enterprises in the Amazon Basin
A new multi-year partnership between NESsT and Erol Foundation will improve forest conservation by catalyzing local sustainable enterprises in areas of high biodiversity. The NESsT Amazonia incubator will support 15 conservation enterprises that improve forest conservation in the Amazon basin and provide sustainable livelihoods to local communities.
Edital: Oportunidade para negócios da Amazônia brasileira
Encauchados raises $40,000 in 40 hours
Pedala: From Idea to Sales to Scaling
Alexandre and Vinicius set out to launch an ecological delivery social enterprise. They quickly realized they didn’t have all the right skills to run a company. A good idea and passion aren’t enough to make a social enterprise successful; entrepreneurs need specialized skills and advisory to make their businesses a long-term success.