Black women business owners, creators, founders, and more met recently in Dallas, TX, for Black Magic Reimagined 2023.
This event is from Elle Olivia Founder Marty McDonald and Boss Women Media to inspire women entrepreneurs.
This year’s attendees joined to learn, connect, and access valuable business resources.
According to AfroTech, three Black women business owners won the event’s Capital One pitch competition, taking home funding worth $100,000.
The Three Black Women Business Owners Earned It
“Empowerment of Black women can’t stop with telling them a very unique and inspiring story. The empowerment of Black women is a 360 approach to making sure that they are well-rounded with tools and resources to truly propel themselves forward. Specifically with us and the pitch competition, …winning $50,000, $30,000, and $20,000 can be monumental to change your business. That’s the amount of funds that we’re giving out today on behalf of Capital One.” McDonald
Dayna Fleming, Capital One’s head of customer growth, was among the judges and was excited to empower Black women business owners.
“We’re thrilled to partner with Boss Women Media to provide grants that will help these entrepreneurs continue to achieve their dreams and build sustainable, thriving businesses.”
The winners include:
- Felicia Jackson, CPRWrap, $50,000
- Ehime Eigbe, Sweet Kiwi, $30,000
- Brittany Coleman, Tough Cutie, $20,000
Felicia Jackson was ecstatic but didn’t let it get to her head.
“Securing the $50,000 first place pitch investment from the Black Magic Reimagined Summit and Capital One is a validation of our mission but also a powerful catalyst for CPRWrap’s continued growth and impact.” Jackson
Jackson’s company sells a simple CPR aid for business owners, new parents, non-medical responders, and caregivers.
She formed the company after he son nearly died during an emergency.
When he stopped breathing, she forgot how to do CPR and froze.
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Since then, Jackson has devoted herself to saving lives through the tool.
She plans to use the $50,000 grant to enhance the product through R&D.
Additionally, she’ll use the funding to support educational initiatives and make the product more accessible to individuals, schools, and community organizations.
“We aim to collaborate with schools, community organizations, and healthcare providers to ensure that CPRWrap becomes a standard tool for emergency response. This investment is not just a financial boost; it’s a vote of confidence in our mission and a catalyst for greater impact. We are excited about the future and the positive change we can bring about together.”
All the best to Jackson and the other Black women business owners!