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Russell Innovation Center for Entrepreneurs logo — Atlanta’s home for Black entrepreneurs

Russell Innovation Center for Entrepreneurs

Atlanta’s home for Black entrepreneurs

Founded 2016 United States Atlanta, United States 62 employees Grant Total: $6.40M Workspaces

General Information

Company Name Russell Innovation Center for Entrepreneurs
Founded Year 2016
Location United States Atlanta, United States +1
Employees 62
Industries Workspaces
Funding Stage Grant
Social

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About Russell Innovation Center for Entrepreneurs

RCIE is a business generator in metro Atlanta, aiming to support Black entrepreneurs in overcoming unique barriers and building thriving businesses. The company, founded in 2016, operates as the largest center of its kind in the United States, covering an extensive 54,000 square feet. Embracing the BIG IDEAS model, it provides tailored support to business owners at all stages of their journey, fostering a community of support, and enhancing access and exposure. The organization's mission is dedicated to bringing about transformational change, while honoring the legacy of the late great Herman J. Russell, one of Atlanta's most influential entrepreneurs. Specializing in Workspaces, RCIE recently secured a substantial $2.00M grant investment on 29 February 2024 from the Truist Foundation. With its focus on empowering Black entrepreneurs and its substantial investment support, RCIE looks poised to make substantial contributions in the entrepreneurial ecosystem.

Taxonomy: Black entrepreneurs, Atlanta, Business support, Co-working ecosystem, Community support, Access to capital, Customized curriculum, Corporate partners, Multi-cultural entrepreneurs, Women entrepreneurs, Herman J. Russell, Legacy, Business incubator

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 29 Feb 2024
Grant •••••• 1
Investor
20 Feb 2024
Grant •••••• 1 •••• •••• 21 Nov 2023
Grant •••••• 1
Investor
14 Nov 2023
Grant •••••• 2
Investor
•••• •••• 		29 Aug 2023

Russell Innovation Center for Entrepreneurs Alternatives & Competitors

Russell Innovation Center for Entrepreneurs vs
Main Street Ventures
Main Street Ventures United States

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18 employees
Russell Innovation Center for Entrepreneurs vs
Sky's the Limit
Sky's the Limit

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Russell Innovation Center for Entrepreneurs vs
Lendoe
Lendoe

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7 employees
Finance, Financial Services
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FAQ About Russell Innovation Center for Entrepreneurs

Atlanta’s home for Black entrepreneurs
Russell Innovation Center for Entrepreneurs was founded in 2016.
Russell Innovation Center for Entrepreneurs is headquartered in Atlanta, United States.
Russell Innovation Center for Entrepreneurs operates in the following industries: Workspaces.
Russell Innovation Center for Entrepreneurs has approximately 62 employees.
Russell Innovation Center for Entrepreneurs has completed 5 funding rounds, raising a total of $6.40M. The latest funding stage is Grant.
Top alternatives and competitors to Russell Innovation Center for Entrepreneurs include Main Street Ventures, Sky's the Limit, Lendoe, Sisters Founders, Entrepreneur India. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Russell Innovation Center for Entrepreneurs and Main Street Ventures are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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