Push for More Investment in Minority Entreprenuers Emerges
Black Enterprise Magazine September/October 2018 Issue

From Wall Street Journal.

It’s no secret that African-Americans make up but a dint in the upper echelon’s of Silicon Valley. In fact, research from CB Insights shows that only 1 percent of Internet-company founders are African-American.

But now there’s an active effort to increase the amount of venture capitalists who invest in African-American and Latino-owned start-ups. Through meet-up groups and events, business accelerator NewME and DigitalunDivided are exploring ways to raise funding for minority-owned companies.

Even tech giants such as Google Inc. and Facebook Inc. and Silicon Valley investors are speaking out for more diversity in the start-up arena.

Read more at Wall Street Journal.

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Gerren Keith Gaynor (@MrGerrenalist) is a freelance journalist based in New York City. He has been published in the New York Times, ESSENCE magazine, EBONY.com, New York Amsterdam News, Loop21.com and Newsone.com. Gaynor received his master degree in Journalism from Columbia University and his bachelor's in English from Morehouse College.


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