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Startup loans to Black Entrepreneurs to ‘interject some balance in capitalism’ | Shoppe Black

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Startup loans to Black Entrepreneurs to ‘interject some balance in capitalism’ | Shoppe Black



[dropcap]GW[/dropcap] “Chef” Chew loves to cook and is an ardent vegan. He combines the two passions through a new company, Something Better Foods, that has created a line of plant-based meats, from Philly cheesesteaks to fried chicken, as well as with a nonprofit Oakland restaurant, the Veg Hub. [mc4wp_form id=”6042″]

Chew needed financial backing to get Something Better off the ground. That’s where Oakland’s Runway Project stepped in and lent him $20,000.

“That money was a blessing,” he said. It helped him land a manufacturing site in Vallejo. Runway also helped with advice, coaching him on his business and marketing plans. He’s now raising more money to prepare for a distribution deal he landed with Whole Foods for next year.