TKE: Finding tomorrow’s Black entrepreneurs, with Eric Collins, Impact X CEO
In the UK last year, if you were a woman, just 2.9 per cent of venture capital went to you. If you were a black business founder you saw just 0.2 per cent of all investment capital. And if you were a black woman, it was a mere 0.02 per cent. "Those...
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Show Notes
In the UK last year, if you were a woman, just 2.9 per cent of
venture capital went to you.
If you were a black business founder you saw just 0.2 per cent of
all investment capital.
And if you were a black woman, it was a mere 0.02 per cent.
"Those numbers mean there are a lot of individuals who are not
being funded who have great ideas, and that some who don’t
have such great ideas are getting funded, so that’s the issue,” says Eric Collins, CEO of Impact X, a venture capital fund that’s putting its money into backing under-represented entrepreneurs.
Also on the programme, we announce our first two Portas Reports, available to purchase here and featuring:
- 9 principles to build genuine trust – unpacked, explained and quantified
- 47 examples of progressive businesses to learn from
- 30 “what-if” questions to stretch your creative and commercial thinking
- A library of additional resources from inspiring thought leaders
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