[Houston, Texas | May 28, 2020] The Cannon, an innovation and entrepreneurial hub has launched a strategic partnership with a brand new angel network focused on supporting minority-led founders, baMa, also known as The Business Angel Minority Association, LLC. As its relentless passion continues to support entrepreneurs, this initiative magnifies the emphasis on connecting minority-led startups with access to capital.

Coupling culture with capital to improve innovation, baMa and The Cannon see a natural fit for collaboration. “Diversity plays an important role in early-stage investment decisions. The existing Business Angel associations are not diverse enough and this translates to a lack of pre-seed and seed angel investment in Minority-led startups”, says Maria Maso, Founder and CEO of baMa. As The Cannon continues to connect dots across Houston, the nation, and the globe for entrepreneurs, it sees baMa as a significant contributor to supporting that initiative, especially for Minority-led startups.

The Cannon’s CEO, Jon Lambert echoed the notion, adding “baMa’s mission to fill the glaring need for an early-stage investment focus on minority-led startups and/or startups targeting minority-driven markets is fundamental to The Cannon’s vision to deliver every entrepreneur access to the startup resources needed to thrive. For us, community is diversity – our partnership with baMa will extend and enhance the support system we are passionately growing and will provide baMa with access to our expanding community of startups and partners. We’re excited to see where this partnership takes us – there is so much alignment in our desire to help the entire entrepreneurial community, we are expecting to accomplish big things together.”

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About The Cannon
A community of entrepreneurs, innovators, investors, corporations, and business professionals, The Cannon entwines support and resources with the needs of startups and small businesses. Providing online membership with optional workspaces in various locations, The Cannon meets entrepreneurs where they are to help them succeed faster. We are better together.

About baMa
Passionate about innovation, diversity, and inclusion business angel Minority association (baMa) bridges the investment gap in minority-led startups or startups by targeting minority-driven markets through diverse investments and education.

If you would like more information about The Cannon, please contact Maigen Berg, Managing Director of The Cannon at mberg@thecannonhouston.com or 713-332-1299.