All entrepreneurs, no matter their race, gender, or cultural background, should have an equal shot at starting their own businesses. However, the huge venture capital funding gap greatly disadvantages underrepresented groups. Jarrid Tingle W13 and his team at Harlem Capital Partners have set out to tackle this problem by pledging to invest in 1,000 diverse founders in the United States over the next 20 years.
This early-stage venture capital firm based in New York is planning to raise $1 billion to achieve this goal and fund minority and women-led startups with disruptive business models. The company recently received a $10 million commitment from the Consumer Technology Association, which shares its passion for diversity in entrepreneurship.
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