SXSW 2019
Equitable Growth Ecosystems for Entrepreneurs
Description:
Our country has an equitable distribution problem: of the $36 trillion in assets under management in North America, only 1.1% is managed by firms owned by women and people of color. In 2017, only 17% of VC-funded startups had a woman founder and between 2012-2014, startups led by African-American women comprised less than 0.2% of all venture deals. How might we go about tackling this huge gap in equity and ensure that future minority and women entrepreneurs don't face the same funding challenges? The answer lies in cultivating a culture of Diversity, Equity and Inclusion in financial systems and addressing implicit bias in investment behavior. In this panel we will examine the role of DEI in Impact Investing and the importance of creating equitable investment ecosystems for entrepreneurs.
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Takeaways
- A high level understanding of what Diversity, Equity and Inclusion is and why DEI is important in the context of financial inclusion
- The benefits of having increased representation amongst women and people of color in the startup ecosystem, and methods of supporting these founders
- The role of impact investors, startup incubators, entrepreneur hubs and co-working spaces in dismantling financial inequity & implicit bias reduction
Speakers
- Jasmine Victoria, Dir. Strategic Partnerships, Impact Experience
- Jenna Nicholas, CEO, Impact Experience
- Grace Rodriguez, CXO, Station Houston
- Daryn Dodson, Managing Partner, Illumen Capital
Organizer
Jasmine Victoria, Dir. Strategic Partnerships, Impact Experience
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