The Green Bay Packers, Milwaukee Bucks and Milwaukee Brewers are teaming up for a great cause.
Three of Wisconsin’s sports franchises are parting ways with Microsoft to form an equity alliance.
The Equity League is a collaboration that forms an investment network focused on finding, growing and investing in minority entrepreneurs and growth companies that are creating scalable social change. The collaboration targets the tech startup industry by prioritizing Black and LatinX founders, hiring minority venture researchers, and investing in areas including, but not limited to, education, financial technology, digital inclusion, health equity, urban innovation, and criminal justice Inequalities that exist in reforms.
“We’re proud to partner with Packers and Brewers to create such a meaningful opportunity for Black and LatinX founders,” said Bucks and Fiserv Forum Chair Peter Feigin. “Our state’s professional sports teams are excited to work together to create long-term positive change.” As Rick Schlesinger said, “An equity alliance will create more opportunities for social impact companies and minority founders, We believe this will lead to meaningful outcomes for all stakeholders.”
The idea for the Equity League started with Packers president and CEO Mark Murphy. Building on TitletownTech’s success, Murphy shared his new vision for the investment network with Brewers President of Business Operations Rick Schlesinger and Bucks President Peter Feigin.
“TitletownTech’s equity alliance is a meaningful step forward in helping Black and LatinX founders secure funding and support to grow their startups into thriving businesses. TitletownTech continues to support TitletownTech, a unique partnership that brings together , business and community leaders.”As an organization, we are committed to driving positive social change and using technology to open doors of opportunity. “
It’s great to see positive and necessary partnerships like this form and give real individuals the opportunity to succeed.