Today we are excited to announce our Diversity Commitment as part of White House Demo Day.
The topic of diversity (or lack thereof) is a hot one in our industry. We know the numbers are not good across the board and we all need to step up to make them better. Techstars wants to improve opportunities for women and underrepresented minorities throughout our global ecosystem and open the door to entrepreneurs everywhere. We know that these founders not only bring a diverse perspective and a wealth of innovative ideas — but according to recent research — companies with female founders often outperform their male peers.
To advance inclusive entrepreneurship, Techstars commits to:
- Double the number of women in our accelerator program applicant pool and across our mentor network over four years.
- Track participation in our programs by underrepresented minorities and double that from the baseline over the same time period.
- Publish our diversity data annually.
- Train staff on ‘unconscious bias’ and ensure that every selection committee includes at least two women so that female founders are represented in the selection process.
Through our continued partnership with the National Center for Women & Information Technology (NCWIT), Techstars will set aggressive goals for internal change as a key player in NCWIT’s national entrepreneurship strategy. We will offer access, membership, and resources to the 600+ companies in our portfolio and to the 200 companies we add annually. Additionally, we will offer mentorship opportunities between our Managing Directors and our extensive network of founders to the technical women in the NCWIT Aspirations in Computing Community.
We are proud of our partnership with NCWIT and look forward to doing great things together. We are also excited to expand on the work done by our Rising Stars program to open the door for female and minority founders everywhere.
To learn more about the Techstars partnership with the Obama administration to advance inclusive entrepreneurship, check out the White House Fact Sheet. I’ll be there today to represent Techstars as part of the announcement.
The event will also be live streamed at www.whitehouse.gov/live.
We are excited to be a part of it!