Corporate and institutional partners, strategic alliances, and the collective participation of Black businesses and leaders are essential to this initiative. Now is the greatest moment of our time to innovate solutions and opportunities that will create the means for wealth transfer for the next generation. Partner with the Institute of Black Wealth to bring these initiatives to scale.
There’s enough existing data that tells us what we already know – Black founders don’t get adequate funding. Black businesses struggle to scale. Black communities are underinvested. Innovation and emerging tech isn’t reaching our communities fast enough. Partner with us to activate existing research to ideate and engineer creative solutions.
The turning point in this country was the aftermath of George Floyd’s brutal murder. Corporate dollars were activated more than ever towards anti-racism and diversity and equity initiatives. While noble, these efforts aren’t enough. Partner with us on tangible solutions to close the Black wealth gap and create prosperity.
What’s broken is the lack of social connections to funding sources, opportunities, and institutional or financial relationships as a result of an uneven playing field and structural inequalities. These challenges can be reversed with partners who understand the role they play in creating greater access.
Black-owned businesses can grow simply through purchase orders, corporate contracts and government procurement. We’ve formed a strategic alliance of Black-owned firms ready and capable to scale through contracts.
Black communities often get left out of the tech and innovation discussions. We’re bringing tech education to the community and developing the next wave of Black founders.
Financial capacity needs to be scaled whether it’s creating equity sources for emerging Black developers or helping Black founders secure venture capital.
We’re creating solutions that will provide Black entrepreneurs and businesses partnership support to help them scale and grow.
“Through the Memorandum of Understanding that my non-profit, TechNolij, signed with Florida Memorial University, an HBCU, we’ll be able to power the programming behind the Institute of Black Wealth to create and structure a pipeline of opportunities that will help to close the gap and create Black wealth.”
“The persistent and widening wealth gap for Black families, a lack of venture capital and funding access for Black-owned tech and innovation companies, and structural inequities make it increasingly difficult for Black-owned businesses to compete for contracts, government procurement, and other business opportunities. We need to change this.”
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