Boardroom.TV: Malcolm Jenkins’ Broad Street Ventures Welcomes New Investors
Malcolm Jenkins is welcoming India Robinson and Sara “Lovestyle” Hood into Broad Street Ventures, a $10 million venture capital fund.
Broad Street Ventures, a $10 million venture capital fund that is part of Malcolm Jenkins‘ Malcolm Inc., is fully funded by Black and Brown investors. On Thursday, it announced that it will add two more.
The other investor is Sara “Lovestyle” Hood, a lifestyle entrepreneur, tech investor, and media personality.
“The financial wealth gap for people of color, especially for Black women, is undoubtedly high,” she said in a release. “As a Black female investor, I’m typically left out of deals that garner true generational wealth. Joining Broad Street Ventures gives me the opportunity to gain access to the best deals along with the ability to educate other Brown and Black investors to not only expand their basic knowledge of financial literacy, but hopefully open the door for more to join.”
These additions to Jenkins’ investment vehicle means a lot to him, as he has made it a priority to elevate Black women.
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