The investment bank's Multicultural Innovation Lab will invest in and assist startups founded by women and people of colour.
Investment banking firm Morgan Stanley launched an accelerator on Tuesday that will focus on startups with female or multicultural founders, co-founders or chief technology officers.
Multicultural Innovation Lab will admit technology or tech-enabled startups at post-seed or series A-stage that are developing potentially disruptive products. It will invest in the participants and support growth through its partner ecosystem.
William Crowder, who formerly headed mass media company Comcast’s corporate venturing unit, Comcast Ventures, will be the entrepreneur-in-residence for the accelerator, which…
