HBCUvc

Overview

HBCUvc is a non-profit organization focused on venture capital training and ecosystem development for students and alumni of historically Black colleges and universities (HBCUs). It operates programs in workforce upskilling, startup incubation, and venture capital education to address wealth inequality by fostering Black investors and funding Black entrepreneurs. The organization has influenced over 380 participants, with alumni contributing to more than $200M in funding for Black-led ventures.

History

HBCUvc was founded in 2017 by Hadiyah Mujhid, who serves as CEO. It launched the Lab Fund program from 2020 to 2022 as a teaching venture capital fund where fellows invested in startups from historically excluded communities. The organization has expanded its reach to shift career trajectories in venture capital and entrepreneurship within HBCU networks.

Product Lines

Manufacturing

As a non-profit service organization, HBCUvc does not engage in physical product manufacturing. All operations are program-based and conducted virtually or through partnerships in the United States.

Notable Products

• Lab Fund - Teaching VC fund (2020-2022) where fellows sourced and invested in early-stage startups from excluded communities.
• VC Fellowship - Program training HBCU students and alumni in venture capital skills and deal-making.
• Portfolio Investments - Non-dilutive funding and support for selected Black entrepreneurs via fellow-led investments.
• Investor Mindset Training - Workshops unlocking collaborative investing approaches for regenerative wealth in Black communities.

Reputation

HBCUvc is recognized in venture capital circles for its targeted efforts to diversify the investor class and support Black founders, with measurable impacts like $200M+ in downstream funding. Professionals note its success in career trajectory shifts for participants. Some view it as niche-focused, potentially limiting broader industry transformation.