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Pride and Profit: Funding Opportunities and Challenges Across the LGBTQ-Founding Landscape

Scott Nance July 5, 2022

LGBTQ+ founders frequently find themselves outside the circles of connection and acceptance among VCs when seeking venture capital. The landscape is fraught with exclusion – meeting requests are ignored, and follow-up calls and emails go unreturned. The path to raising venture capital is often blocked when no investor steps forward to lead a funding round. Despite these barriers, the relatively nascent LGBTQ+ startup community is growing and making strides.

This panel will discuss investment in LGBTQ+ founders, including:

  • How we can unlock strong financial returns for investors, founders, advisors, and enterprise teams
  • Approaches to increase founder and team diversity and enable future diverse leaders and founders to step in
  • Ways to improve access to economic mobility and income that will offer dividends across the LGBTQ+ community

Format

Workshop

Meta Themes

  • Deliver Equity and Inclusion

  • Power and Capital

Themes

LGBTQ+

Purpose and Desired Outcome

Purpose: Raise awareness of fundraising challenges facing LGBTQ+ entrepreneurs and fund managers. Provide fact-based and anecdotal evidence of existing barriers. Suggest concrete actions to be taken that can reduce discrimination and foster inclusion. Desired Outcome: Encourage asset allocators to actively explore opportunities to fund LGBTQ+ entrepreneurs. Provide LGBTQ+ entrepreneurs with actionable ideas to overcome fundraising obstacles.

Audiences

  • Entrepreneurs

  • Allocators (Family Offices, HNW Individuals, Foundations)

  • Intermediaries (Financial Advisers, Investment Bankers)

Speakers

  • NameScott Nance
  • TitleVice President, Impact Investing
  • OrganizationFidelity Charitable
  • StatusConfirmed
  • NameWilliam Burckart
  • TitleCo-founder
  • OrganizationColorful Capital
  • StatusConfirmed
  • NameMegan Kashner
  • TitleCo-founder
  • OrganizationColorful Capital
  • StatusConfirmed
  • NameTBD
  • TitleTBD
  • OrganizationTBD
  • StatusInvited
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