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Startup Accelerator for BIPOC Founders Coming to Industry City

Industry City, the 16-building, 35-acre innovation campus on the Brooklyn waterfront, will be the future home of BK-XL, the largest startup accelerator for BIPOC founders by total potential investment size. Applications for BK-XL are open through Jan. 20, 2023, offering each recipient up to $500,000 in investment funds, space at Camp David, Industry City’s creative co-working space, and ongoing investor support and mentorship opportunities.  

Launched by Clara Wu Tsai, founder of the Social Justice Fund and owner of the Brooklyn Nets, New York Liberty and Barclays Center, in partnership with Visible Hands, BK-XL will select 12 BIPOC-founded startups for its inaugural 2023 cohort. 

“BK-XL is a perfect complement to the unique business ecosystem that exists at Industry City, joining 550 companies who work across industries,” said Glen Siegel, managing partner at Industry City. “We are delighted to expand our relationship with the Tsai family and the Brooklyn Nets.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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