Entrepreneurship is for everyone.
That’s why we have put together a resource guide specifically geared toward helping our Black students & founders find the tools they need to better navigate the startup ecosystem. This guide will be updated regularly, if you know of any resources that could be of help to these founders, please share them here.
Get Connected and Develop Your Business
There are many incubators, accelerators, and communities dedicated to supporting Black founders. Below are some resources that can provide Black founders business development and leadership opportunities.
New Funding Opportunities for Black Founders
According to a joint study from RateMyInvestor and DiversityVC, only 1% of startup founders who raise venture capital are Black. In 2018, Equal Ventures partner Richard Kerby found that 81% of venture capital firms didn’t have a single Black investor. Here are some funding opportunities along with some recent announcements from large investment firms regarding changes to be made to their distribution of investment.
Enter a Pitch Competition
Another funding opportunity for founders is by entering in a pitch competition. Check out these competitions that are specifically for Black and minority founders.
Take Care of Your Mental Health
During times like these, it is important that you make your mental health your number one priority. For founders, starting and managing a business can take a toll on your mental health. Use these resources and programs to maintain your mental health, which in return will benefit your business.
Read, Learn, and Engage
Actively reading books, magazines, and articles can help develop your strategy as a business owner. Check out these resources with readings and media curated specifically for Black founders.
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