Photo by Justin McAfee on Unsplash

Venture capital fund Backstage Capital has included seven companies in Detroit as part of the 25-cohort for its Backstage Accelerator program. The program will run from March 12 to June 7, 2019.

According to Backstage Detroit managing director Monica West, the participating companies will get $100,00 each in exchange for five percent of company equity. The start-ups will also be given mentorship, coaching, time with experts, a custom-built curriculum and access to investors. They will also get office space for the rest of 2019.

The Detroit cohorts include hair care product manufacturer Nutralicious, skin-tone diverse doll maker Healthy Roots and jewelry design and manufacturing company Casting de Khrysopoeia.

Backstage Capital was founded by Arlan Hamilton to invest in early-stage businesses led by underrepresented groups including women, people of color and LGBT people.

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