W3 Studio announces the launch of a new venture studio to support diverse founders building in web3.
ATLANTA, Jan. 12, 2023 /PRNewswire-PRWeb/ -- W3 Studio today announced the launch of a new venture studio in Atlanta, Georgia to support diverse founders. W3 Studio will work with Black, Latinx, and Women founders to accelerate their startups in the exciting world of web3.
Created as a non-profit, W3 Studio's goal is to change the face of web3 by investing in hundreds of diverse founders. Founders will be accepted at the earliest stage of company building for a two-year program. Founders will receive grants up to $200,000 and will have access to vetted resources in marketing, finance, technology development, human resources, legal and more.
W3 Studio is built around five key values.
- Capital: Providing funding to build first products
- Community: Building a strong support group for founders
- Resources: Bringing vetted vendors to founders
- Amplification: Getting the word out about program participants
- Giving Back: Supporting the next generation of founders
W3 Studio was founded by Brian Zwerner, a venture capital executive with Beyond The Game Network and a champion of diversity in the Atlanta tech market. Zwerner recruited a Board of Directors that have a demonstrated history of supporting underrepresented builders including Asante Bradford, Christy Brown, and Marlon Williams.
"Just like other technology markets, the early winners in web3 have been almost exclusively men, typically White and Asian. We want to build a better future for the industry by supporting Black, Latinx, and Women startup leaders," said Zwerner. "Access to friends and family capital is toughest for underrepresented founders, so W3 Studio will fill this gap with our grant program. Additionally, we will bring vetted resources and mentors to help these startups win."
"Web3 is the cutting edge of technology, and the sector spans metaverse, gaming, social media, art, finance, developer tools, and much more," added Williams. "If we act now, this emerging market can be one that matures with diversity as a core principle. Alongside the work we do at the Atlanta Blockchain Center, W3 Studio is well positioned to elevate Atlanta to a leadership role in the sector."
W3 Studio is looking for corporate partners to help build a more equitable future for diverse founders. Prospective partners should visit the W3 Studio website for more information and to connect with the organization.
About W3 Studio
W3 Studio is a venture studio supporting diverse founders in Atlanta that are building startups in web3. W3 Studio is a non-profit organization that will accept grants and donations from corporations and individuals. These funds will be used for grants to startups to fund the launch of their first products. For more information, please visit http://www.w3studio.us
Media Contact
Brian Zwerner, W3 Studio, 1 4049095342, [email protected]
SOURCE W3 Studio
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