In 2020, fewer than 3% of venture capital funding went to companies with Black or Latinx founders, according to  Blue Cross Blue Shield of Massachusetts.

In an attempt to address these disparities, the insurer has launched a Health Equity Business Accelerator, a program meant to lend financial, strategic and mentorship support to founders of color.

The program will be focused on “creating equitable healthcare services and solutions,” according to Blue Cross.

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