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Spelman has recently entered a partnership to bring more women of color into science, technology, engineering, and mathematics (STEM). The Historically Black College and University (HBCU) has teamed up with SMASH, a STEM racial justice nonprofit focused on addressing inequities in education, according to a press release. The collaboration is kickstarting a new social change-focused program for 25 female high school students, who will be offered the opportunity of “building computer science skills, accessing career mentorship, completing college preparatory workshops, and more.” “SMASH x Spelman is coming to fruition at just the right time. As technology becomes ubiquitous across all aspects of our society, the voices, experiences, and expertise of Black women are critical to the creation of a more equitable future,” said Tamara Pearson, Director of the Center of Excellence for Minority Women in STEM at Spelman College in a statement. “A future where technology is leveraged for the...
Venture Noire — a non-profit organization dedicated to supporting Black and minority entrepreneurs — has just announced that its received a multi-year grant from the Walton Family Foundation for the second year in a row, totaling to $1.3 million. According to a press release, the organization will now be using funds from the grant to power the launch of “In The Black” — a new eight-week cohort program that aims to advance the overall health of Black-owned businesses across consumer technology, healthcare and fintech. In The Black will also be looking to tackle the issue of income inequality through enhanced minority workforce creation and development in an effort to close the racial wealth gap in America. In addition to offering courses within the new program, In The Black will host a showcase for participants to showcase their business ideas to industry leaders and investors in Northwest Arkansas. Moreover, a press release reports that Venture Noire also plans to launch a series of...
Goldman Sachs (GS) is putting their money where diversity is. Through Launch With GS, the investment banking giant’s $500 million investment initiative, the firm has announced its first Black and Latinx Entrepreneur Cohort in a press release . GS will offer a select group of startup founders, CEOs, and innovators the opportunity to be a part of their first entrepreneur cohort. Goldman Sachs firmly believes that diverse teams outperform less inclusively led companies. As a result, recipients will participate in a customized, eight-week experience that gives future-thinking minds intimate access to business development services, industry specialists, legal resources, and ultimately, the sprawling, influential network within the walls of Goldman Sachs. Launch With GS aims to increase access to capital and facilitate connections for women, Black, Latinx, and other diverse entrepreneurs and investors. “Black and Latinx founders collectively receive less than 1% of venture funding,” said...
LinkedIn revealed earlier this year that a person is nine times more likely to get a job through a referral . The obvious question is if someone doesn’t have a big professional network, how can they break into getting a middle class job? A lack of social capital becomes a burden for job applicants who feel they have done everything “right” in their journey, yet struggle to secure a career opportunity. Thankfully there are programs whose purpose is to help people build professional networks, and learn technical and soft skills to get a great job. Climb Hire — founded by Nitzan Pelman in 2019 — is one of them. The Bay Area-based non-for-profit startup — funded by Eric Schmidt, a former CEO of Google — creates economic opportunity for hidden talent. They train people to become Salesforce administrators . Salesforce is a massive $16 billion company and according to the IDC , they are projecting over 3.3 million new jobs will be created by the end of 2022. Gaining technical skills is an...