Melissa Pegus has been chosen as the Managing Director for Techstars Atlanta Powered by J.P. Morgan, the latest accelerator to open up in the city. The new program, backed by an $80 million investment by J.P. Morgan, will support diverse entrepreneurs across the country. While the program is open to founders of all backgrounds, it is designed to provide equitable access to funding and support for Black, Hispanic and Latino, Indigenous American, and Pacific Islander entrepreneurs. In the first half of 2021, Black entrepreneurs received just 1.2 percent of U.S. venture capital funding. Additional data show
If you’re a fan of the Emmy award-winning series Pose, you will already know Angelica Ross as the feisty trans character, ‘Candy Ferocity’. But outside of Hollywood and in 2014, Angelica founded TransTech Social Enterprises; an organization that works to provide education, support, and jobs to trans people facing discrimination in the tech sector. In 2017, she then hosted the TransTech Summit, which is a free event for attendees to be educated on ways to level up in their careers and the industry. Two years ago Angelica told cnet.com, “technology saved my
PagerDuty is hiring on pocitjobs.com PagerDuty is a known global leader in digital operations management, but the company, according to London-based EMEA senior sales director Ross Burrell, is also leading the way when it comes to a good working culture for its staff – particularly those from minority groups. “There’s an open-door policy,” he told POCIT when asked how he’s been able to grow at the company. Ross, a father and an experienced salesman said there’s no hierarchy issue at the firm, no micromanaging or aggression. Instead, you receive a
Churpy, a Kenyan fintech startup, has secured a $1 million seed round led by Unicorn Growth Capital. Also participating were Antler East Africa, Nairobi’s business angel network, and a group of Rally Cap LPs. The round will be used to support expansion to Egypt, Nigeria, and South Africa. The startup said it wants to transform how businesses manage the debt owed to them by their customers through its Software as a service (SaaS) product – which automates the labor-intensive processes of reconciling incoming payments and invoices that are still predominantly manual for most local
Founder and CEO at Seidea CIC, a career development platform with a social mission to diversify the cybersecurity industry, Stephanie Itimit sat down with us to discuss building a thriving organization, finding the right co-founder, initially balancing her mission with a 9 to 5, and more. The goal for Seidea is to break down barriers for Black and Minority Ethnic women and help them start their cybersecurity careers through cyber career programs and industry events. Itimit and her team also work with employers to develop virtual internships, strengthen their employee
Today the Kapor Center, a nonprofit addressing racial inequities in STEM education and the tech industry, in partnership with the NAACP, released their 2022 report titled State of Tech Diversity: The Black Tech Ecosystem. The report analyzes and synthesizes the latest data, demonstrating the continual exclusion of Black talent across the tech ecosystem, which represents a great loss of talent and innovation for one of the major drivers of our nation’s economy. The report findings reveal that progress towards racial equity is not only stalled but in many respects, regressing, throughout
In 2020 none of the $4.4 billion in venture funding raised in the region went to female founder-led startups. The lack of support in the early stages of entrepreneurship, poor access to capital, and the lack of women investors in venture capital funds are among the main reasons. Of the more than 800 companies recently surveyed by Endeavor and Mastercard for a whitepaper on bridging the gender gap within tech companies in Latin America, only 23% had at least one woman on their founding team, and only 9% had one or more all-female founders. Racial and
More than half the country’s workforce identifies as Black or mixed race in Brazil, yet less than 30% of these workers occupy managerial roles. Beyond the scarcity of Black professionals in IT departments in Brazil, a study by diversity initiative Preta Lab in partnership with consulting firm ThoughtWorks in 2020 found that 50.4% of teams do not have “non-heterosexual” staff. The inclusion of indigenous people and people with disabilities is also nearly absent in Brazil: 85.4% of the participants reported no disabled people in their team, and in 95.9%, there were no
Y Combinator’s latest batch — W22 — features 414 startups from 42 countries, representing more than 80 sectors. America reportedly has the most representation while India comes in second with 32 startups and Nigeria sits in third, having delivered 18 startups. This is the first time an African country is appearing in the top three. The W22 batch of the Y Combinator programme, which played a role in the early days of companies like Airbnb, Coinbase and Dropbox among others, is currently taking place, and concludes with a demo day end of
Microsoft said this week that it had fired some employees and terminated partnerships in relation to allegations made public Friday of bribery in its sales efforts in the Middle East in recent years. The disclosure came regarding allegations of bribery and corruption in Microsoft operations in the region made public by a former manager for the company named Yasser Elabd, who worked for the tech giant throughout the Middle East and Africa from 1998 to 2018, when he says he was fired. In an essay published Friday on Lioness, an outlet that documents
