Shelly Bell and Kate Goodall have been friends for years. They’ve also been frequent professional partners.

The alignment makes sense, given the missions of their respective organizations. Bell’s Black Girl Ventures (BGV) funds Black and brown women-founded businesses, including through pitch events in several cities; Goodall’s Halcyon is the Georgetown-based incubator for social enterprises that recently announced a new impact investing strategy. Bell has served on the Halcyon cohort selection committee, while Goodall has served as an adviser and board member for BGV.

So, indeed, it wasn’t too surprising when the orgs announced at the end of 2020 that they were formally working together, albeit in a new way: The two are launching an incubator specifically for Black and brown women-founded ventures.

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