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NEW YORK, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Fiverr International Ltd. (NYSE: FVRR), the company changing how the world works together, announced today the twelve founders selected to participate in the third annual Future Collective Business Accelerator Program. The Future Collective is an accelerator designed for early-stage U.S. and Canada-based Black entrepreneurs at pivotal moments in their business journey. Each founder will receive funding, coaching, and tools to scale and grow their business. Fiverr hosts the Future Collective program in partnership with 1863 Ventures, an independent, Black-led nonprofit organization founded to help underrepresented entrepreneurs move from high potential to high growth. Despite recent strides made among Black founders, there remain unique challenges that these entrepreneurs face when building and growing their businesses. A 2023 study from Goldman Sachs found that 37% of Black business owners have difficulty accessing new capital and financing – 14 percentage points higher than their non-Black peers. The Future Collective program grew out of Fiverr's commitment to enabling a more equitable playing field for these entrepreneurs who face systemic structures, cultural barriers, or life circumstances working against them. "We are so proud to have the Future Collective as part of the Fiverr ecosystem. Since the start of the program in 2021, Fiverr has doubled down and intensified its focus on empowering Black entrepreneurs," said Micha Kaufman, Founder and CEO of Fiverr. "Each year we have enlarged the group receiving funding and training, and we are growing an impressive network of alumni." The twelve businesses that comprise Fiverr's 2024 Future Collective cohort are:
Each of the Future Collective fellows will receive funding from Fiverr through a combination of Fiverr credits and a cash grant, 6 live workshops from 1863 Ventures supplemented by Fiverr sessions and 1:1 coaching over 6 months, along with additional business resources and networking opportunities. "The Future Collective program impacted my business by giving me more resources than any other organization," said Ryen Williams, founder of Under Her Empire and Future Collective alumni. "The grant and Fiverr credits, mentorship, and best practices have made such an impact and will continue to do so for me as a first-generation entrepreneur." You can learn more about the 2024 Future Collective cohort and follow their journeys here. Alumni stories and testimonials can be found in the program Impact Report. About Fiverr About 1863 Ventures Press Contacts Photos accompanying this announcement are available at: 
Fiverr Launches the Third Annual Future Collective Business Accelerator Program, Unveils New Cohort The accelerator welcomes the largest class of founders yet to its third-year program, representing businesses spanning 8 industries located across the US and CanadaFiverr announced today the twelve founders selected to participate in the third annual Future Collective Business Accelerator Program. The Future Collective is an accelerator designed for early-stage U.S. and Canada-based Black entrepreneurs at pivotal moments in their business journey.
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