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Diversity & Inclusion

South Carolina State University (SC State), the only historically Black college and university (HBCU) in the state, has secured an $8 million allocation from the state. The funding aims to enhance its Science, Technology, Engineering, and Mathematics (STEM) research and workforce development initiatives in partnership with Savannah River National Laboratory (SRNL).  This funding marks a milestone for the university’s College of Science, Technology, Engineering, Mathematics, and Transportation (STEM-T College). A Historic Investment in STEM This $8 million is part of an initial $40 million state proviso designed to support various

Latinas face the steepest drop in representation as they climb the corporate ladder, according to Lean In’s first-ever report on the state of Latinas in corporate America. Despite Latinas accounting for nearly 1 in 10 people in the US, they hold less than 1 in 20 entry-level corporate jobs and only 1 in 100 C-suite positions. Disparities in Advancement and Pay In 2023, white men’s representation increased by nearly two-thirds (64%) from entry-level to C-suite positions, while Latinas’ representation decreased by over three-quarters (78%). Latinas also experience the largest pay

Black N’ Out is a platform for Black LGBTQIA+ professionals in tech to connect, support, and uplift each other. Black people are already underrepresented in tech, making up only 8% of the workforce. For Black LGBTQ+ individuals, this exclusion is even more pronounced.  However, Black N’ Out is on a mission to create a welcoming and inclusive space for Black LGBTQIA+ individuals in tech. The Story Of Black N’ Out Black N’ Out was founded in 2023 by Brandon Sidney and Ryan Wesley after the pair attended several tech conferences

The Google for Startups Founders Fund is back for the fifth year and is funding 20 Black and Latine AI companies in the US. The fund first launched as part of Google’s $175 million commitment towards racial equity and to date has deployed more than $50 million dollars to more than 570 Black and Latine founders around the world. Google For Startups Founders Fund & AI As AI developments are on the rise, this year, Google has funded 20 US-based companies that are pushing the boundaries in AI. The companies

Every June, Pride Month celebrates LGBTQ+ communities worldwide and honors their contributions to society. It’s also a time to recognize the ongoing struggle for representation, equality, and acceptance. In the tech industry, the LGBTQ+ community is underrepresented, with only 11% identifying as LGBTQ+. A McKinsey and Co. report found that while Black people make up 12% of the US workforce, only 8% are in tech jobs, resulting in a relatively low number of Black LGBTQ+ individuals in tech. Despite these challenges, many Black LGBTQ+ people are paving the way for

Goldman Sachs is standing firm in its commitment to support Black women through its One Million Black Women initiative as it expands its Black in Business program, according to The Guardian. Launched in 2021, the One Million Black Women initiative pledges $10 billion in investments and $100 million in philanthropic funding over a decade to address racial and gender inequality. Doubling Down On Black In Business Program This fall, Goldman Sachs is expanding its Black in Business education program, doubling the number of entrepreneuers it accepts. The Black in Business

The Tech Talent Charter (TTC), a diversity-focused organizaton partly funded by the UK government, has announced that it is closing. Founded in 2015, the TTC aimed to bridge the diversity gap in tech by collaborating with industry leaders to foster a more inclusive environment.  Despite significant achievements, shifting industry priorities and economic pressures have led to the difficult decision to dissolve the organization. The Tech Talent Charter When the TTC was launched, women held fewer than 15% of tech roles in the UK, and broader diversity data was scarce.  Over

This year, on Juneteenth, angel investing group Untapped Investing announced its launch to support Black and underrepresented founders.  Founded by Mica Eades Mayo, Attica Alexis Jacques, and Felicia Mayo, Untapped Investing aims to create lasting change through purpose-driven ventures. Empowering Underrepresented Founders By investing in Black and underrepresented founders, Untapped Investing aims to generate opportunities that lead to generational wealth and sustainable growth. This collective effort will reshape the venture capital landscape, ensuring that visionary founders, historically overlooked, receive the support they need to thrive, they wrote on LinkedIn. Untapped

A growing trend among America’s largest corporations reveals a shift in how diversity, equity, and inclusion (DEI) metrics influence executive compensation.  According to a review of approximately 1,200 companies by Farient Advisors, the proportion of corporations using DEI metrics to set compensation has decreased from 33% to 28% in 2023.  High-profile companies like Best Buy Co., Johnson & Johnson (J&J), and Lazard Inc. are among those that have de-emphasized or removed DEI from their executive pay criteria. Conservative Pressure and Corporate Response This shift is partly attributed to conservative activists

Black executives believe that their companies have maintained a strong commitment to Diversity, Equity, and Inclusion (DEI) despite anti-DEI pressure, a survey by The Executive Leadership Council (ELC) has found. The ELC, which aims to increase Black representation in C-Suites and corporate boards, surveyed 180 top Black executives across various sectors. The results showed a strong and resilient commitment among Black executives to DEI in corporate America. DEI Is Linked To Job Satisfaction Despite today’s landscape with anti-DEI, nearly 3 in 4 (72%) Black executives feel their companies’ commitment to

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