Program Looks to Mobilize First Mover Capital for Entrepreneurs of Color Through a New Consortium
The Institute for Entrepreneurial Leadership (IFEL) has joined forces with a coalition of 10 leading academic and global nonprofits for the Venture Equity project (VEP), led by the Nasdaq Entrepreneurial Center and supported by JPMorgan Chase.
The Venture Equity Project aims to permanently remove the barriers in the flow of capital to entrepreneurs of color. The initiative is focused on integrating data sets to better understand the market opportunity behind investing in diverse fund managers and entrepreneurs of color as well as identifying points in the ecosystem where intervention is needed and where opportunities exist.
Additional participating organizations include: Carnegie Mellon’s Transition Design Institute
IFEL is looking forward to contributing to this project and helping to create a more inclusive investor ecosystem. To learn more about our work in driving more diversity in the angel investment sector, visit www.makingblackangels.org.