Primary Venture Partners has partnered with over 25 leading New York-based venture firms and startups to introduce the Factor Fellowship. This program will tackle the diversity, equity and inclusion (DEI) challenges head-on by connecting the city’s VC-backed startups with top talent from underrepresented groups. Addressing Diversity in Venture Capital and Startups The data on diversity within the venture capital and startup landscape shows that only about 13% of venture capital decision-makers are women. Funding for Black founders also declined in 2023, failing to reach the $1 billion mark for the first time since 2016.
Pennsylvania-based convenience store chain Sheetz is under scrutiny following a federal lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). The suit accuses Sheetz of employing racially discriminatory hiring practices through its criminal background screening process, affecting Black, American Indian and multiracial job candidates since at least 2015. Disproportionate Impact on Minority Applicants According to the lawsuit, Sheetz’s hiring practices have disproportionately screened out minority applicants. Statistics reveal that while white applicants were denied employment due to their criminal records in about 8% of cases, the denial rates for Black applicants were significantly higher at
Research has shown that Black adults experience higher rates of sleep disorders, such as sleep apnea, insomnia, and irregular sleep patterns, more frequently than other demographic groups. Dr. Ivor Horn, Google’s Chief Health Equity Officer, is at the forefront of addressing these health disparities using AI. Her role mainly involves bridging healthcare gaps by using technology to enhance healthcare equity, particularly for marginalized communities. Sleep Disorders With Black People Factors contributing to less sleep among Black individuals include location, environmental noise, light pollution, and broader socio-economic issues such as stress and racial discrimination.
American Student Assistance® (ASA), a nonprofit dedicated to transforming how students explore careers and prepare for the future, has announced a significant investment of $25 million. The nonprofit targets funds and companies with diverse founders and early-stage firms focusing on career education, postsecondary pathways, and workforce development. The move aims to expand access to essential skills and resources, helping middle and high school students navigate their career paths and achieve long-term success. A $25M Investment ASA’s investment strategy began in April 2022, and since then, it has directed over $40
Tangent, a technology platform founded by former LinkedIn employee Gary Izunwa and Joe Adams, has secured $1.1 million in funding and officially launched out of beta. Tangent, an employee referral platform aims to make referrals accessible to everyone by increasing tech career opportunities for those from lower socioeconomic backgrounds. A Vision For Inclusive Tech Tangent’s approach centers on starting with tech sales roles, engaging companies like Revolut, Stripe, and Amazon to support the transition of talent from diverse backgrounds into the tech ecosystem. This strategy aligns with the broader vision of Tangent—to democratize access to tech careers and create
Researchers are improving detection algorithms to make them fairer and more accurate by incorporating greater demographic diversity, according to The Conversation. Deepfakes, synthetic media in which a person’s likeness is replaced with someone else’s without consent, are rapidly advancing. From realistic representations of celebrities in compromising situations to false statements by political leaders, technology poses a significant threat to trust and truth in digital media. As these manipulations become harder to detect, the want to develop tools to disprove them grows. Bias in Detection Algorithms Typically, deepfake detection systems rely
Intuit is hiring on POCIT. Petagae Butcher is a versatile force in the tech world, currently working as a Staff Technical Program Manager at Intuit. Her introduction to technology started with a love of Super Nintendo in the 90s. She later graduated from the University of Central Florida with a degree in Management Information Systems, initially majoring in Computer Programming, finding her niche bridging the technology and business worlds. Over her 18-year career, she’s garnered a wealth of experience, from software consulting to her current role at Intuit. Born on
At 14 years old, Naya Ellis of New Orleans has turned her passion for science into a potentially life-saving invention: a stroke-detecting watch called WingItt. Inspired by her personal family experiences and participation in STEM NOLA, Ellis’ invention has earned her the title of champion in the National STEM Challenge. Developing WingItt: A Life-Saving Technology Ellis’s journey began in the STEM NOLA program, which provides an eight-month-long science, technology, engineering, and mathematics fellowship to high-potential, low-income high school students of color. Initially interested in developing a seizure-detecting device, she shifted her
American Screening, a drug and medical testing supplies distributor in Louisana, has agreed to pay $50,000 to settle a race discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC). The case centered around Imani Jackson, a Black employee who was fired after she decided to wear her natural hair to work. Fired over her wearing natural hair Imani Jackson’s daily routine involved spending 45 minutes each morning concealing her natural hair under a cap and gluing on a wig with straight hair. This routine wasn’t just time-consuming; it
Camelback Ventures has announced Shawna Young’s appointment as its new Chief Executive Officer (CEO), starting in early April 2024. Camelback Ventures Camelback Ventures is a New Orleans-based nonprofit social venture fellowship that aims to increase access to opportunity for entrepreneurs of color and women. Founded by Aaron T. Walker in 2015, Camelback Ventures has supported over 133 undervalued entrepreneurs with social impact ventures around the country. Its business model involves providing its Fellows with the “friends and family” stage of funding. The Fellows then reinvest in Camelback through grants or convertible notes. Meet
