BRIC.TV Logo
Home/STARTUPS/RUSSIA_CIS/Article
STARTUPS

Arlan Hamilton highlights disparities for entrepreneurs of color after SVB collapse

Silicon Valley Bank collapsed on March 10, leading venture capitalist Arlan Hamilton to step in and support founders of color. This failure brought back worries about discriminatory lending practices, especially since many entrepreneurs of color face rejection from "top four banks."

BRIC Team
BRIC Team
Jun 4, 2026 · 1 min read · 4 views
Arlan Hamilton highlights disparities for entrepreneurs of color after SVB collapse

Key Takeaways

  • •"When other banks were saying no, SVB would say yes," said Joynicole Martinez, a 25-year entrepreneur and chief advancement and innovation officer for Rising Tide Capital.
  • •Bradley said they are frequently rejected by the "top four banks": JPMorgan Chase, Bank of America, Wells Fargo, and Citibank.
  • •When customers rushed to withdraw billions of dollars from Silicon Valley Bank (SVB) last month, venture capitalist Arlan Hamilton quickly moved to assist founders of color who feared losing access to payroll funds.
  • •The bank's collapse on March 10 reignited concerns among industry experts about discriminatory lending practices and the resulting capital disparities for entrepreneurs from underrepresented communities.

Silicon Valley Bank (SVB) suddenly collapsed in March,rattling financial world and exposing long-standing challenges underrepresented entrepreneurs face in securing crucial capital. As depositors pulled billions in month before, investor Arlan Hamilton quickly stepped up to support founders of color. Many worried about paying employees.

Hamilton, 43-year-old founder of Backstage Capital,a firm dedicated to empowering "underestimated" founders, saw just how precarious situation was. Her quick move showed a…

Share this article

Related Articles

NFHS-6 finds one in four Madhya Pradesh children malnourished, highest in India

NFHS-6 finds one in four Madhya Pradesh children malnourished, highest in India

Madhya Pradesh has the highest levels of child malnutrition in India, with wasting now at 23.8%, as reported by latest NFHS-6. Meanwhile, Yashoda Scheme, introduced in 2025-26, has yet to be implemented, prompting concerns about government nutrition initiatives.

BRIC Team

Jun 2, 2026•8 views
NIA uncovers Pakistan link and 9/11 financing in Pahalgam terror attack investigation

NIA uncovers Pakistan link and 9/11 financing in Pahalgam terror attack investigation

The National Investigation Agency (NIA) has linked the 2025 Pahalgam terror attack to Faysal Bank in Karachi, revealing that mobile phones used by the attackers were activated shortly before the incident. This connection raises serious concerns about the bank's potential involvement in terrorism financing, prompting authorities to investigate further into its operations.

BRIC Team

Jun 1, 2026•13 views
Tina Peters released from Colorado prison after Donald Trump's pressure campaign

Tina Peters released from Colorado prison after Donald Trump's pressure campaign

Tina Peters, a former county clerk in Colorado, has been released from prison after serving time for tampering with election machines during the 2020 presidential election. Colorado Secretary of State Jena Griswold criticized the decision, warning it could embolden the election denial movement that Peters continues to promote.

BRIC Team

Jun 1, 2026•14 views
California voters head to polls for primary elections amid governor's race uncertainty

California voters head to polls for primary elections amid governor's race uncertainty

California's primary elections on June 2 will feature a crowded gubernatorial race with 61 candidates, including Republican Steve Hilton and sheriff Chad Bianco. The outcome could lead to a Republican advancing to the general election in a state that hasn't elected one since 2006, reshaping the political landscape.

BRIC Team

Jun 1, 2026•12 views
Israel advances deeper into Lebanon as UNIFIL's mandate nears end in 2026

Israel advances deeper into Lebanon as UNIFIL's mandate nears end in 2026

Israel has intensified its military operations in southern Lebanon, advancing deeper into the region than since its 2000 withdrawal. This escalation has resulted in over 3,400 deaths and more than 1.2 million people displaced, raising serious questions about the effectiveness of UNIFIL's peacekeeping mandate.

BRIC Team

Jun 1, 2026•11 views
Suvendu Adhikari orders SIT to investigate fake accounts in Lakshmir Bhandar scheme

Suvendu Adhikari orders SIT to investigate fake accounts in Lakshmir Bhandar scheme

West Bengal Chief Minister Suvendu Adhikari announced the formation of a special investigation team to probe around 30 lakh fraudulent accounts linked to the Lakshmir Bhandar scheme. This investigation follows allegations of illegal cash transfers and aims to address the integrity issues raised by the previous Trinamool Congress government.

BRIC Team

Jun 1, 2026•13 views
View All Articles