Building paths to funding for Black female founders

Building paths to funding for Black female founders

4 years ago
Anonymous $UzyKJJH9oy

https://techcrunch.com/2020/09/03/building-paths-to-funding-for-black-female-founders/

Amid a racial justice reckoning following countless events of police brutality (justice for Breonna Taylor), it’s high time companies and investors in the tech industry do more than just say “Black Lives Matter,” but show that Black lives matter. As Human Utility CEO Tiffani Ashley Bell aptly put it, “Make the hire, send the wire!”

Black women are underfunded and under-appreciated in tech. Since 2009, Black women have received just .06% of all venture funding, according to digital undivided’s 2018 report. That’s despite a 50% increase in new Black women-owned businesses from 2014 to 2019, according to American Express.