North Carolina to deploy $50M to startups: Here’s where the money is going


Rodney Sampson, an investor, founder and startup advocate, knows the challenges of being a Black entrepreneur firsthand.

“Twenty-three years ago, I was that founder raising venture capital,” he said.

It took dozens of meetings — but he got “lucky,” raising capital for his startup, Atlanta-based Multicast Media Technologies, which was ultimately acquired by Kit Digital 10 years after its inception.

But not everyone can get through the funding barrier. Historically, less than 2% of venture…

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