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Entrepreneurs of color have long faced funding challenges due to racial discrimination—just 1% of venture-backed startups have a Black founder. Here is a rundown of resources to continue helping entrepreneurs of color move their innovative ideas forward:

 

For some inspiration, check out this list from The Plug featuring Black women leaders who have led successful exits and those who are standing on their shoulders and climbing new heights. Did you know that Black women are the fastest-growing group of entrepreneurs in the US?

 

For a collaborative, growing list of people and organizations working to help Black founders build and grow businesses across the United States, check out this work from the Founder Institute. 

 

Don’t miss this list from Inc. with funds formed specifically to support entrepreneurs that don't fit the demographic mold currently favored by most venture capitalists. They've also listed some grant programs targeting founders from communities of color.


And for thoughts on larger, structural change, read Robert F. Smith’s op-ed in The Washington Post, calling on businesses to devote 2% of their earnings to closing racial opportunity gaps.

 
 
 
 
FEARLESS FEATURE
 
 
 
 
Congrats to National Geographic Explorer Enric Sala and the Pristine Seas team! They're finalists in the MacArthur Foundation's 100&Change competition. Watch Enric’s Be Fearless episode to learn more about his work protecting and preserving our oceans.
 
 
 
 
IMPACT INVESTING
 
 
 
 
Turning to Strategic Investments to Drive Sustainable Innovation
Corporates are distinctive for their potential to adopt, scale and ultimately, accelerate impact. Thoughtful design and execution of impact-oriented investing strategies can future-proof competitiveness, activate purpose and unlock new avenues for innovation.
 
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Crisis Offers a Chance to Rewrite Accounting to Include Impact
As Sir Ronald Cohen writes in the Financial Times, by measuring and valuing impact, investors (as well as consumers and employees) can fully understand impacts companies make through their products, employment and operations.
 
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INCLUSIVE ENTREPRENEURSHIP
 
 
 
 
There’s No Going Back to the Pre-Pandemic Economy
In his latest op-ed for the Washington Post, our Chairman Steve Case calls on Congress to rethink COVID-19 economic aid so that we can build a new, more equitable era of entrepreneurship.
 
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Veteran Entrepreneur Spends the Pandemic Helping Out Newbies
Jaime Schmidt is worried about founders struggling to gain traction in this difficult time. So she's giving them money, mentors and her own hard-earned wisdom.
 
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BEFORE YOU GO
 
 
 
 
Support For Black-Owned Businesses Sees Huge Uptick
From May 25 to July 10, there have been more than 2,500,000 searches for Black-owned businesses on Yelp, compared to approximately 35,000 over the same time period last year—a 7,043% increase.
 
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How Organizations Can Go From Talk to Action
Data shows that just 0.8% of Fortune 500 chief executives and 8% of professionals are Black. It’s time for firms to rethink how they hire, promote, mentor and lead.
 
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