Business
REVOLT secures $500,000 Target commitment for HBCU entrepreneurship series
Reported by PR Newswire — REVOLT press release · Oct 20, 2026
REVOLT announced that the sixth season of Bet On Black includes a $500,000 growth fund backed by Target for participating HBCU student founders. Hosted by Marsai Martin and executive produced by Kenya Barris, the season replaces a single-prize competition with funding and mentorship for every participating founder, who retains full equity.
Why it matters
The model connects a Black-owned media platform's programming business with non-dilutive capital for Black founders. It suggests a sponsorship strategy that delivers business-building resources alongside audience exposure.
Summary by BlackGenre. Full reporting belongs to PR Newswire — REVOLT press release.
Read the full story at PR Newswire — REVOLT press release