In 2021, Massachusetts startups received over $30 billion in venture capital investment. Only .04% went to Black-led companies. The MassMutual Catalyst Fund invested over $10 million in Black entrepreneurs. We know that this is not a pipeline problem but a process opportunity. We will walk you through how we approach sourcing, diligence and portfolio support and attendees will hear from some of our dynamic founders who are currently fundraising in Massachusetts. We want to share our insights into how reframing the approach to investing in diverse founders will help investors find great businesses led by Black founders. Our goal is to leave investors and capital allocators with practical how-tos on our open source investment approach.
Its not a pipeline problem its a process improvement opportunity: Deploying capital to Black founders in Massachusetts: a case study
Jason Allen
July 13, 2022
Format
Fireside Chat (3 speakers maximum)
Meta Themes
Reimagine Systems
Power and Capital
Themes
Purpose and Desired Outcome
Anyone allocating assets can learn from and adopt from the Catalyst Fund's pragmatic solution
Audiences
Allocators (Family Offices, HNW Individuals, Foundations)
Entrepreneurs
Speakers
- NameJason C Allen
- TitleLead Portfolio Manager
- OrganizationMassMutual
- StatusConfirmed
- NameSchendy Kernizan
- TitleCEO
- OrganizationRapid Liquid Print
- StatusInvited
- NameFlorence Furaha
- TitleCEO
- OrganizationMeetCareGivers
- StatusInvited