Hello Alice, Global Entrepreneurship Network unveil $70M Equitable Access Fund

Hello Alice, a fintech helping small businesses access capital, and entrepreneurship ecosystem Global Entrepreneurship Network (GEN) created a $70 million Equitable Access Fund designed to bridge the financing gap experienced by women and BIPOC-owned founders.
“There’s an estimated $40 billion gap among the BIPOC community alone,” Elizabeth Gore, Hello Alice co-founder, told TechCrunch. “Also, the biggest gap we saw to growing businesses was lack of credit history.”
She also noted that many small business owners don’t have the generational wealth or collateral to put up for loans. Some t

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