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Removing Barriers to Success through Investing in Diverse Entrepreneurs

Linda Benson May 19, 2021

The gap in venture capital remains a barrier for entrepreneurs of color despite the recent racial reckoning movement. In 2020 only about 2% of venture capital investments went to Latinx and Black entrepreneurs*. Further exacerbating this inequality is the frequent absence of an affluent group of friends and family to support an initial funding round. 

What could it look like for a non-profit to flip the script and show investors — as opposed to philanthropists — what real change looks like? Hear from the leaders at Black Girl Ventures and Hispanics in Philanthropy on how they support black, brown and Latinx-owned companies driving economic growth through: 

  • Pitch competitions 
  • Leadership skills development 
  • Corporate mentoring programs 
  • Online networking incubator 
  • And many more innovative approaches 

They are also taking steps to  educate philanthropists and investors in supporting diverse communities (like adding a fund manager role to their roster!). 

Real change will require a new approach; a departure from traditional venture capital. ImpactAssets partners with both BGV and HIP to enable donors to use philanthropic dollars to invest in diverse social entrepreneurs and non-profitsThese investments can fill the critical gap in earlystage financing, removing one barrier to success. Don’t miss this deep dive on shaking up the norm and finding new ways to address inequity for diverse entrepreneurs and non-profits. 

*Crunchbase/Wired 12/29/2020 

Format

Fireside Chat

Meta Themes

  • Equity & Inclusion

  • Impact Investing

Themes

Racial Equity, Impact Investing, Economic Justice

Purpose and Desired Outcome

To build awareness and activate impact investing to support diverse entrepreneurs, non-profits and communities of color.

Audiences

  • Allocators (Family Offices, HNW Individuals, Foundations)

  • Asset Managers

  • Intermediaries (Financial Advisers, Investment Bankers)

  • Corporate & SME

  • Accelerators & Incubators

Speakers

  • NameAlex Neckles
  • TitleRegional Director, Distribution
  • OrganizationImpactAssets
  • StatusConfirmed
  • NameShelly Bell
  • TitleFounder, CEO
  • Organization Black Girl Ventures
  • StatusConfirmed
  • Name Ana Marie Argilagos
  • TitlePresident & CEO
  • OrganizationHispanics in Philanthropy
  • StatusInvited
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