This Indigenous-led venture fund targets diverse 'creative' entrepreneurs across the US

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This Indigenous-led venture fund targets diverse 'creative' entrepreneurs across the US
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The club, which has remained closed since a mass shooting in November 2022, said it will open a new venue at a new location in Colorado Springs.

Skoden Ventures plans to close its first fund in 2024 and is targeting $10 million to invest in around 30 early-stage companies.DENVER — There's a big gap when it comes to venture capital flowing to companies founded by Indigenous people. Only 0.004% of the approximately $330 billion in venture capital invested in 2021 went to Indigenous founders,, a Denver and Santa Fe-based venture fund that launched in April, wants to play a role in filling that gap.

The fund — which gets its name from a slang term in Native communities for the phrase"Let's go then" — plans to invest between $175,000 to $250,000 in early-stage creative and creative technology entrepreneurs from diverse backgrounds, including Indigenous, Black and women founders. Those could be founders of companies across a broad range of areas, from jewelry and makeup design to beadwork, art and entertainment.

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