Business News

Introducing The Future Collective for Black-Owned Businesses

By
Fiverr Team
|
September 22, 2021
black owned businesses


This summer Fiverr announced The Future Collective, an initiative to support Black entrepreneurs by maximizing their opportunities with the ultimate goal of enabling a more diverse, equitable workforce. After carefully reviewing more than 1,400 applicants, the following five businesses were selected for our inaugural fellowship program. 

Meet the Winners

Appdrop

Appdrop is a software company created by Adrian Abrams, cofounder and CMO, that harnesses the power of no code software to enable non-technical teams to build mobile apps.

Budget Collector

Founded by Ebonique Boyd and Anya Ellis, Budget Collector is an app that makes art collection accessible to the masses through artificially intelligent art advising.

De L’or Cakery

Kayisha Thompson launched her five-star catering business De L’or Cakery out of her passion for food art and the effects of culinary masterpieces on the human mind.

Hey Girl Hey

Sisters Seanice and Sharina Clarke created the card game Hey Girl Hey as a means of strengthening connections that had been strained by the COVID pandemic restrictions.

Keeyahri

Keya Martin founded luxury footwear brand, Keeyahri and is rewriting the rules of shoe design with her use of architectural concepts and innovative styles. 

Read more about the winners here.

About the Fellowship

Funding

The five participants have each received $24,000—$18,000 in cash and $6,000 in Fiverr credit. The $18,000 will be used however the entrepreneurs and their mentors see fit. The $6,000 has been applied to professional services offered on Fiverr’s platform.

Mentorship

All mentorship is overseen by Fiverr and 1863 Ventures, a DC-based business working to accelerate Black entrepreneurs from high potential to high growth. 1863 Ventures has worked with over 2,500 founders, representing nearly $300M and thousands of jobs. Mentorship includes general business best practice coaching as well as individualized coaching relevant to each entrepreneur. 

Resources

Each entrepreneur has been assigned a dedicated Fiverr Success Manager responsible for recommending the best Fiverr freelancers based on the entrepreneurs’ respective needs and expectations. This will help participants maximize their usage of the $6,000 in Fiverr credits. Additionally, the entrepreneurs have opportunities to network with one another throughout the program and beyond.

Why now?

The past 18 months have seen drastic change across economic, social, and political spectrums with a once-in-a-lifetime pandemic, multiple historical elections, and market volatility—bringing to light global issues that deserve our attention. The US, in particular, has seen millions of people speaking out to protest racial injustice and economic inequality. The message is clear: now is the time for action.  

Research shows that Black-owned businesses tend to earn lower revenues in most industries largely due to a lack of capital investment. The lack of capital inhibits their abilities to tell their stories through branding, website design, and digital marketing or scale their businesses through infrastructure improvements, like increased capacity with e-commerce platforms. Often, the absence of resources is accompanied by a lack of meaningful advice and mentorship. 

Founded on our responsibility and desire to use our privileged position in the corporate world, this program aims to enable a more diverse, equitable workforce. Basically, we’ve committed to our core values by putting our money—and resources—where our mouth is.




Fiverr Team
Whether you’re scaling up your small business or building a brand from scratch, we’ve got the resources you need to keep you informed and at the top of your game.
Fiverr Ironhack
Programming & Tech
Fiverr + Ironhack — A Match Made in Tech Career Heaven
Fiverr has partnered with Ironhack as they offer partial scholarships for courses in Web Development, UX/UI Design, and Data Analytics. Here’s why you should apply.
salesforce
Business News
Fiverr Teams Up with Salesforce to Empower People with Disabilities
The Fiverr-Salesforce program contributes to the global effort around world disability inclusion and creates real, equal opportunities.
blog
Book & eBook Writing
Sea The Love: Fiverr’s First Children’s Book
For LGBTQ+ Pride month, Fiverr has partnered with YouTubers Rose and Rosie and talented LGBTQ+ freelancers and allies in our community to co-create a children’s book.
Subscribe to Fiverr’s blog newsletter to get your FREE Ebook and learn step-by-step, how to be a successful seller or buyer on Fiverr
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
100% Privacy. No spam guaranteed