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Priceless Vol 10 Number 12

Personal and Professional Empowerment

Serving Norfolk, Portsmouth, Chesapeake, Hampton, Newport News, Suffolk, and Virginia Beach since 2006

Norfolk legend George Crawley is remembered

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Venture capital firm aims to invest in minorities

Exhibit honors first African American officer on the Wisconsin

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NBA stars call for an end to violence at the 2016 ESPYS

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DNC: Senator Tim Kaine selected as vice-presidential candidate

Free August 2016

Senator Tim Kaine and wife Anne Holton Photo Courtesy of Getty


Venture capital (VC) dollars generally don’t end up funding black and Latino-owned startups. According to Brian Dixon at Kapor Capital, the seed stage investment arm of the Kapor Center for Social Change, the percentage of investments

that go to

companies where the founder is a person of color is 2 to 3 percent.

At Kapor Capital, on the

other hand, over 50 percent of investments go to startups that have women and people of color in charge.

With a new headquarters at 22nd and Broadway now open, the Kapor Center hasn’t

just revamped a long-vacant historic middle trying

building to in the

of Oakland. It’s make


the new face of tech – one that’s setting out to solve a new set of problems beyond the ones faced by the Uber- for-everything, pick-up-my- dog’s-poop-for-me set.

Even with all the

attention paid to the lack of diversity in tech, the most recent diversity reports from the biggest companies like Facebook and Google show that

blacks combined, and Latinos on average,

account for less than 10 percent of their workforces. The Kapor Center’s Level


and my three wonderful children, Nat, Woody, and Annella. Nat deployed with his Marine battalion two days ago to protect and defend the very NATO allies that Donald Trump

Thank you. Welcome everyone. I want to thank my beautiful wife Anne

now says he would abandon. Semper Fi, Nat! My parents and in-laws are here, our siblings and their spouses, our nieces and nephews, hundreds of friends from Virginia and beyond, including my great friend, Representative Bobby Scott. We love you all.


Protection against credit discrimination

This Edition’s Highlights

Health Editorial Your Opinion Matters Hampton Roads Upcoming Events Scholarship Watch

Exercise may lower risk of 13 cancers We are ready to pull the plug on Facebook

Dear Michellle Obama, Never leave Small business loans in Newport News Celebrate African Arrival Day in Hampton Cameron Impact Scholarship


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12 13 10

African Americans are turning to Black-owned banks like Citizens Trust (Cynthia N. Day, President and CEO, and the Inaugural Next Generation Advisory Board of Citizens Trust).

discrimination? Responsible

go to college, open businesses, and buy homes. American consumers should have the opportunity to use credit to build a better future for themselves and their loved ones. Credit discrimination prevents people from having access to these opportunities, and can

What protections do I have against credit borrowers use credit


make credit more expensive. What is credit discrimination? The Equal Credit Opportunity Act makes

it illegal for a creditor to discriminate in any aspect of credit transaction based on certain characteristics.

In addition, the Fair Housing Act makes many discrimination


Congressman Bobby Scott Photo by Alex Wong/Getty

Virginia Senator Tim Kaine, who was formally nominated as the vice-presidential candidate by Congressman Bobby Scott, accepted the nomination at the Democratic National Convention. His full speech is below.

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