Nexus Louisiana Partners with Black Ambition for 2024 BizTech Challenge

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There’s an exciting new chapter for BizTech 2024—a powerful partnership between Black Ambition and Nexus Louisiana aimed at rewarding innovation, empowering underrepresented entrepreneurs, and transforming the startup ecosystem.

BizTech has always been about helping entrepreneurs take their ideas to the next level. This year, the stakes are higher than ever. We are combining resources, mentorship, and funding to give the next generation of innovators a real shot at success.

At the heart of this partnership is a shared vision: to support Black and minority entrepreneurs, particularly those from HBCUs, and create lasting opportunities for growth and success. Black Ambition, known for empowering underrepresented founders and helping them secure capital, will amplify the impact of BizTech by bringing a powerful network of resources.

On the ground in Louisiana, NexusLA has built a strong foundation of community and entrepreneurship, nurturing startups that are changing industries and creating local jobs. Together, these two powerhouse organizations will open new doors for HBCU students across the region. Through Black Ambition’s national network and Nexus LA’s local expertise, BizTech 2024 participants will be equipped with the tools and connections to succeed.

“Partnering with Black Ambition allows us to extend our reach and provide even more support to talented entrepreneurs from historically underrepresented communities,” said Na’Tisha Natt, Director of Marketing at Nexus LA. “BizTech 2024 will present an unparalleled opportunity for the students to connect with nationally acclaimed entrepreneurs and business experts.”

What’s in It for Participants?

The BizTech 2024 competition offers participants more than just bragging rights. Here’s what you can expect:

  • Prize money and investment opportunities to fund your business.
  • One-on-one mentorship from seasoned industry professionals.
  • Networking opportunities with investors, sponsors, and peers.
  • Resources and training to refine your pitch and business model for the live competition.
  • Priority access and matriculation for up to 10 competition participants into Black Ambition’s 2025 HBCU Pre-Accelerator Program

Our past participants have gone on to achieve incredible things, BizTech 2024 will be no different, and with Black Ambition by our side, we’re certain this year will break new records.

Join Us in Making History

This year’s event at the Westin New Orleans on November 29. We invite everyone—family, friends, mentors, and business leaders—to come together to cheer on these inspiring participants. Whether you’re involved in entrepreneurship or simply a believer in innovation, your support will make a huge difference in their journeys.

Share the news, spread the word, and join us in celebrating innovation at BizTech 2024!

https://www.eventbrite.com/e/biztech-challenge-tickets-1027590058527?aff=oddtdtcreator or email us to learn more about how you can support the entrepreneurs shaping the future.

About Black Ambition

Black Ambition empowers Black and Hispanic innovators and communities to excel uninterrupted. Founded by Pharrell Williams in 2020, Black and Hispanic ventures in consumer products and services, media and entertainment, healthcare, technology, and AI are eligible to win up to $1M. To date, Black Ambition has trained approximately 1,000  founders and awarded nearly $10M in growth capital to 101 founders. Black Ambition’s endeavors have been recognized by Forbes, Essence, Complex, and many more for driving meaningful change. It also was the winner of Fast Company’s 2021 World Changing Ideas award for Impact Investing and named one of Fast Company’s 2022 Most Innovative Companies. https://www.blackambitionprize.com/ 

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