How Venture 313 is investing in Black tech entrepreneurs in Detroit | American Black Journal

August 12, 2026

During National Black Business Month, a Detroit television program highlighted Venture 313, a local initiative designed to address capital access challenges facing African American entrepreneurs in the technology sector. The program featured an interview with managing partner Belvin Liles, who explained how the initiative provides funding, mentorship, and networking opportunities to Black tech founders while simultaneously enhancing Detroit's overall technology landscape. Also appearing was Karissma Yve, who runs an artificial intelligence-focused product creation company called Gildform and shared her journey from teenage interest in manufacturing to becoming an entrepreneur.

Who is affected

African American entrepreneurs and tech founders
Black business owners in Detroit
Belvin Liles (Venture 313 managing partner and ID Ventures principal)
Karissma Yve (founder and CEO of Gildform)
Detroit's technology ecosystem participants

What action is being taken

Venture 313 is providing access to capital, mentorship, networking, and other resources to Black tech founders
Venture 313 is supporting entrepreneurs and strengthening Detroit's tech ecosystem
Gildform is operating as an AI product creation company

Why it matters

Access to capital represents one of the most significant obstacles for African American entrepreneurs seeking to start or grow their businesses. Venture 313 addresses this critical gap by offering comprehensive support that goes beyond just funding to include mentorship and networking opportunities. This initiative not only empowers individual Black business owners but also contributes to building a more robust and inclusive technology sector in Detroit, creating broader economic benefits for the community.

What's next

No explicit next steps stated in the article

Read full article from source: bridgedetroit.com