Welcome to Tuesday.
I recently read an article by Fortune, assessing the $58.2 billion investments made by venture capitalists in 2016. And who reaped the benefits? Male founders.
Every couple of days we see think piece after think piece exploring reasons why women and minority founders receive less venture capital funding in comparison to their white male counterparts. These conversations are both vital and eyebrow raising. More than anything, these stories are repetitious. If there is any desire to shatter the glass ceiling, which is obviously bolted with fine steel, it’s time to lay the cards on the table.
Which firms are really about equal access in 2017?
Costanoa is now accepting applications for an access fellowship. The program is designed to give women and underrepresented minorities a pathway to venture capital.
That’s a start. But is it enough? For the VC’s serious about diverse founders, take you’re pick. We’re out here.
This grant program offers selected doctoral students doing computing research at U.S. and Canadian universities up to $20,000 to fund their dissertation work.
DR. MEREDITH RINGEL MORRIS | MICROSOFT
The real problems are things like unanimous votes at Venture Capital firms. There is always someone who “can’t get comfortable” with the Black guy’s deal. It’s grey, and blurred, and subtle, and can always be substantiated bysome facts.
BRIAN BRACKEEN | FACESOFFOUNDERS.ORG
Dr. Joy McDaniel’s research on triple negative breast cancer has now led her to a postdoctoral fellowship at the prestigious University of Texas MD Anderson Cancer Center.
LEE ROOP | AL.COM
The three businesses — QuiqLabs, Truth Branding Agency and MiC Software — are making a mark in the local tech industry, and the owners say they hope to inspire local minority youth to follow their entrepreneurial dreams.
VALERIE SHELTON | THE BUSINESS JOURNAL
This report looks at how, through collaboration with local partners and nonprofits, some of the communities in need of more internet access have had the opportunity to thrive in an increasingly digital world.