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Clara Wu Tsai, co-owner of the Brooklyn Nets, stands in front of the Barclays Center in Brooklyn borough of New York in 2021. Ivy Newman/DKC News via AP
NEW YORK—Clara Wu Tsai, co-owner of the Brooklyn Nets, launched the largest business accelerator for minority founders of early-stage startups on Monday.
Named BK-XL, the accelerator will invest up to $500,000 each in 12 startups led by Black, Indigenous, and other minority founders in 2023.
