Disparities in educational, career and commercial opportunities among poor communities persist due to structural inequities that we can easily identify.

The purpose behind this commitment is to tackle some of these inequities with the overall goal of increasing diversity in tech, particularly among Black and Latinx founders who struggle more than all other groups to obtain startup capital and other business resources.

The reason is simple. Globalism has created an undeniable struggle for “mom n pop” retailers. The evaporation of manufacturing, coupled with the proliferation of Wallstreet funded retailers has syphoned the economic strength away from these communities. The added fact that Black and Brown founders only account for less than 1% of venture-backed startups means that these communities are also starved from lack of investment capital.

The most passionate and capable champions of any community are those with a connection to the community, educational background, and solid support structures. When founders come from these communities, they are the ones who are most vested and likely to create jobs and bring about economic change.

Our strategy is to promote the creation of a multiplier effect within the community, allowing capital to circulate more throughout the community. This will not only create a healthier community but provide structural support for the real estate tax base which feeds into the school district funding. Increased school funding means more well-educated and prepared community members. These are the fruits of the plan who will be able to repeat the cycle of innovation and entrepreneurship to grow the community wide economic base.