We Believe That Black Tech Founders Can Create Billion Dollar Businesses
Our Mission
To help close the funding gap for Black tech founders building high-growth businesses
Our Mission
To help close the funding gap for Black tech founders building high-growth businesses
Why Talk Tech?
Consider the Numbers
Over the past year, women started an average of 1,817 new businesses per day in the U.S. However, women of color make up the largest portion of this statistic according to the annual State of Women-Owned Businesses Report. Black Women are the fastest growing group of female entrepreneurs. Black Women Founders in the U.S. remain underinvested by VCs and angels. Less than 1% of Black Women Founders get VC funding. (Fast Company, 2018)
KEY TAKEAWAYS
Black women are building valuable products and businesses with scalable market opportunities. Black women tech founders are highly concentrated in high-growth industries like education, financial, and health tech, and emerging industries like artificial intelligence/machine learning, clean energy, and wearables. Tech businesses led by Black women are achieving hockey stick growth with a built-in advantage of Black customer loyalty. The data and the stories of the Black women founders surveyed inform actionable recommendations to help anyone in the tech ecosystem – investors, policymakers, thought leaders, journalists, founders, and others – learn more about the work Black women do, the funding they don’t get, and how to overcome the tech sectors poor diversity record.
FAST FACTS
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The New Face Of The Founder
Uncovering Black women as the Next Billion Dollar Founders
