Independent Banker - December 2022 - 74
CONNECTIONS COMMUNITY SPIRIT
Founder Kelauni Jasmyn
at BTN.vc's launch event.
Giving diverse tech companies a leg up
First National Bank and Black Tech Nation Ventures teamed up to support minority-owned startups in the
Pittsburgh community and beyond. By Elizabeth Judd
riven by her goal to cultivate
a supportive community for
diverse tech startups, Kelauni Jasmyn
founded the fi scally sponsored
nonprofi t Black Tech Nation in
Pittsburgh in 2018. And in 2021,
she became one of three founding
general partners of Black Tech
Nation Ventures (BTN.vc), a venture
capital fund for tech startups led
D
by Black and diverse leaders. The
venture capital fund itself is one of
a very small percentage of majority
Black-owned venture capital funds
operating in the U.S. today.
" Our goal is to help Black and
diverse tech startups to build their
companies to be unicorns, " Jasmyn
says, defi ning " diverse " as companies
owned by Black women or Latine,
68 Q ICBA Independent Banker Q December 2022
LGBTQ+ and Indigenous people.
In May 2022, $42 billion-asset
First National Bank (FNB), based
in Pittsburgh, announced that it
would make an equity investment in
BTN.vc as part of its 2020 pledge to
devote $250 million to addressing
" economic and social inequality
in low- and moderate-income
communities, " says Vincent J. Delie
Photo by Nate Smallwood
http://www.BTN.vc
http://www.BTN.vc
Independent Banker - December 2022
Table of Contents for the Digital Edition of Independent Banker - December 2022
Table of Contents
Independent Banker - December 2022 - Cover1
Independent Banker - December 2022 - Cover2
Independent Banker - December 2022 - Table of Contents
Independent Banker - December 2022 - 2
Independent Banker - December 2022 - 3
Independent Banker - December 2022 - 4
Independent Banker - December 2022 - 5
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Independent Banker - December 2022 - Cover3
Independent Banker - December 2022 - Cover4
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