$100-million startup fund launched for 'women of colour'
US-based SheaMoisture personal care products' Founder Richelieu Dennis has launched a $100-million startup fund called New Voices Fund for 'women of colour'. Dennis claims he wants to equip entrepreneurs with resources to help their startups to succeed. It comes after Dennis promised to prioritise allocating funds to support women-run businesses when he sold SheaMoisture to Unilever in 2017.