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Felecia Hatcher joins Pharrell’s Black Ambition Prize

Black Ambition Prize

Felecia Hatcher, the tech woman of Miami recently joined as the CEO of Pharrell Williams-backed nonprofit Black Ambition after stepping down from Miami’s Center for Black Innovation. Black Ambition was launched in December 2020 to fund projects initiated by Black and Hispanic entrepreneurs. The organization is established to directly identify and fund ventures in tech, design, health care, and consumer. They are holding competitions and accepting ideas from students and entrepreneurs for two national competitions – The Black Ambition HBCU Prize and The Black Ambition Prize, the winners of which will be granted cash prizes to develop seed and early-stage companies.

Felecia has been a constant torchbearer for the black-tech community as well as for other minorities in tech. Hatcher and her business partner Derick Pearson founded Code Fever Miami in 2014 to teach Black students how to code, with the sole purpose of raising awareness and building a community of multi-race technocrats. She alongside her partner also started a national conference, BlackTech Week that focuses on bridging the gap between young minority entrepreneurs and large tech insiders, and opened a co-working space called the Tribe Coworking in Miami’s Overtown to help support the budding entrepreneurs of tomorrow.

According to Felecia Hatcher, investors who fund Black-owned startups should not stop at funding, rather they should also look forward to providing mentorship to the new entrepreneurs and students with new ideas. Her aim is to create a space where a person’s identity is not questioned as a part of their potential.

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