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‘Stop Asian Hate’ drove a funding surge for AAPI startups and nonprofits. What comes next? – NBC News

‘Stop Asian Hate’ drove a funding surge for AAPI startups and nonprofits. What comes next? – NBC News

 

The surge in activism to combat pandemic-era discrimination and violence against Asian American and Pacific Islanders didn’t just raise awareness, it raised money.Over the past several years, the “Stop Asian Hate” movement has driven a funding windfall to AAPI-led nonprofits and businesses that their leaders say has been indispensable. With the health crisis receding and the economy slowing, the organizations say they’re now focused on sustaining their momentum and warn against backsliding on recent gains.The flood of donations and investment has buoyed AAPI-led ventures ranging from food delivery startups to political engagement advocacy groups.The Asian American Foundation, launched in 2021, said… 

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