Morgan Stanley Selects 11 Startups for 5th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

NEW YORK–()–Morgan Stanley today announced the fifth cohort of the Multicultural Innovation Lab, an accelerator program for technology and technology-enabled start-ups in the post‐seed to Series B funding rounds. The program, now in its fifth year and with 43 total participating companies, targets start-ups with a multicultural or woman founder, co‐founder, CTO or other C-suite member that is developing innovative solutions across sectors. Following four successful years that resulted in company acquisitions and additional funding rounds, the Lab is expanding in 2021 to support twice as many companies – up to 20 annually, split into two cohorts. Through the Lab, Morgan Stanley will make investments in these…

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