- The CORAMINO FUNDAn investment branch of the Tequila brand co-founded by the actor Kevin Hart, now accepts candidates for his last series of scholarships of $ 10,000. Beneficiaries will also receive AI training to help resolve the gap that exists between large companies and small operations managed by people from marginalized communities.
The three -year -old child CORAMINO FUNDAn investment branch of Kevin Hart and Juan Domingo Beckmann, Gran Coramino Tequila, announced Thursday that applications are now open to his last series of subsidies intended for entrepreneurs and small companies of subressing communities.
As part of the agreement, beneficiaries will receive $ 10,000 to help entrepreneurs obtain capital necessary to develop, but they will also receive “advanced AI technological training and practical learning to integrate in a responsible and efficient manner in their operations”.
In an interview FortuneHart explained why AI training will be a key advantage for grant beneficiaries.
“The train arrives and arrives quickly,” said Hart Fortune. “Either you are on it, or if not, get out of the way.”
The last series of subsidies from the Coramino fund aims to approach the AI gap: there is a notable disparity in the adoption of AI between companies, in particular those led by marginalized populations. According to a study led by Julian Samora Research Institute of Michigan State University, citing American census dataCompanies belonging to blacks had the lowest use of AI at all levels in 2023, with less than 2% of companies reporting “high use”. Meanwhile, almost 78% of companies belonging to whites said they had “high use” of the adoption of AI. (Companies belonging to Hispanic have declared almost 9% and companies belonging to Asians declared about 11% in the same category.)
AI amplifies the divisions that already exist because many companies operated by marginalized groups do not have the same access to resources, training and financing to be able to effectively use AI.
Hart said he thought that subsidies and education of the AI offered by the Coramino Fund are one of the best ways that others can take advantage of “me, my business, my resources and my partners”.
“It’s very exciting to find ways to be part of the conversation and position yourself the best to use it in a good way,” he said.
On the AI education front, the Coramino fund will rely on 1st street partnershipsA two -year -old company specializing in practical training to help companies of all sizes become more effective and make data -based decisions.
Small businesses and entrepreneurs can request subsidies from now until April 23. During the finance round last year, the Coramino Fund 50 selected companies To receive subsidies.
This story was initially presented on Fortune.com
