Increasing the Diversity of Tech Startup Founders

Minority-owned businesses are being formed at a faster rate than non-minority-owned businesses, and their economic impact is growing rapidly nationwide. In Austin our growing tech industry and the diversity of our population is reflected in the growing number of African American, Hispanic and Asian founders of tech startups. Austin has the opportunity to benefit from the economic impact of the increasing number of diverse tech entrepreneurs. We need to increase access to the resources that will enable these founders to accelerate the growth of their ventures into large enterprises. Key resources needed include mentors, tech accelerators and investors. Building national and international awareness of how the diverse and inclusive tech entrepreneurship community in Austin differs from other cities will help attract more of the resources needed to make Austin a mecca for diverse tech founders.