Khufere Qhamata, is the founder of the SMAART INCUBATOR, a serial entrepreneur, and dedicated futurist. He is chief executive of Leap72, a strategic innovation consultancy advising corporations on how to use startup economics to grow and compete for the future. He is also a co-founder and board member of Academy M, a 501 (c) 3 nonprofit specializes in the mentorship and career development of millennials. You can follow him on Linkedin.
Would more black investors mean more money for black entrepreneurs?
It's an attempt to fix a big imbalance — data show that African-Americans are seriously underrepresented in the investment community. Less than 1 percent of venture capital-backed internet companies were founded by African-Americans, according to a 2010 report by CB Insights.
$25 Million Fund Pledged To Black Own Startups by VC 500 Startups
500 Startups is raising a $25 million dollar microfund to make early stage investments in Black and Latino founders. This fund will invest in ~100 companies and give Black and Latino founders the access to capital, networks, and expertise that they need to grow their businesses.
Only 88 tech startups were ran by black women in 2016
Black women make up just 4% of the estimated 2,200 women-led tech startups.There are a paltry number of black women running tech startups. And there's an incredible dearth of money flowing to the few who are.
SMAART #8 Using Sales Strategy & AI To Transform Black Houston
This Sat in honor of Juneteeth, we will unveil to you, the NAACP and all of Houston a powerful new platform. A platform that will challenge they way you think, shop and support black.