Triangle startup working on ‘friendly’ funding solutions for minority-owned small businesses

Small business funding has traditionally been a challenge for minority and women-owned businesses, a problem that has remained despite awareness of the issue. According to the US Small Business Administration data for 2022, only 3.9% of total funding went to Black or African Americans, vs. 42.4% of funding to White applicants. A further 25% went to applicants who declined to share their race. This Triangle couple is trying to change those statistics.

Bill Gates-backed lab-grown breast milk startup’s new CEO braces for challenges

Despite the marketability of lab-grown breast milke it’s a tough road to navigate the science, politics, and growing pains on the way to market, as BIOMILQ CEO Leila Strickland can attest. WRAL TechWire spoke with Strickland about the challenges the company is facing, now three years into existence. We started with the regulatory hurdles in developing a new form of nutrition for babies.