Update README.md

README.md

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 ![Ovantage Banner](https://huggingface.co/spaces/Ovantage/README/resolve/main/banner.png)
 
-# The Ovantage Society
+# Ovantage Labs
 
-Ovantage is an invite-only organization for a select few individuals and our acceptance criteria is quite strict.
+Ovantage Labs is an invite-only organization for a select few individuals and our acceptance criteria is quite strict.
+Ovantage Labs is a division of The Ovantage Society, which is an invite-only specialized community.
 The purpose of this page is for Ovantage members to collaboratively contribute on AI and data-focused projects.
 
 If you would like to apply for **The Ovantage Society**, please visit our website at *[COMING SOON]*