The Conference Tackling The Venture Capital Inequality That Women Of Color Face
Over the weekend of June 14, over 500 businesswomen of color met at the Women of Color and Capital Conference in New York City in a bid to find solutions to the glaringly obvious problem they’re facing: that it’s almost impossible to secure VC funding for their startups. Why? Because they’re women—and non-white ones at that.
The conference, which was set up by entrepreneur Adeola Adejobi, aims to go head-to-head with this dismal reality by offering women of color the resources they need to learn more about money and investing. It’s built on four fundamentals: wealth building, capital for businesses, investment and fund management and is the only one of its kind that actually focuses on the specific obstacles that women of color face in business.
“I founded the Women of Color and Capital Conference because there was a need to create a meaningful dialogue on the issue of the lack of access to capital that women of color face,” Adeola explained ahead of the two-day event, which took place at the NYU Kimmel Center. READ MORE!
Watch | Young, Black and building wealth for the next generation
When it comes to money, there’s a new generation of Black leaders who are taking different steps to secure their future.
Despite a growing racial wealth gap, which analysts predict may leave the average Black family with zero wealth by 2053, a select group of young people say they’re fighting financial burdens in their community by educating others.
She also talks with Adeola Adejobi, Founder of the Avant-Garde Network and Women of Color and Capital. WATCH NOW!