$100 Million Fund That’s Fostering Detroit’s Minority Startup Entrepreneurs

Justine Sheu didn’t have any plans of becoming an entrepreneur. The Detroit-based millennial spent her early career educating underserved youth in the area. But with the backing of a funding initiative specifically targeted to boost women and minority entrepreneurs in Southeast Michigan, Sheu cofounded two education-technology startups.

Notably, she’s the CEO of Pro:Up, a mobile app that connects high school students with extracurricular and career opportunities via text message. Her companies have won six different startup awards, been part of multiple accelerators and granted a total $55,000 in non-diluted startup capital. The CEO now has further plans to raise seed capital to grow.

Source: The $100 Million Fund That’s Fostering Detroit’s Minority Startup Entrepreneurs – Forbes