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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.
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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. |
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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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INCLUSIVE ENTREPRENEURSHIP |
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