Data from 22 leading institutions has found that enrollments of underrepresented minorities in MBA programs have declined or stagnated since 2020. A Drop In Enrollment Of Underrepresented Minorities Following George Floyd’s death in 2020, which ignited a push for racial justice, top U.S. business schools pledged to increase diversity. However, the University of Michigan, Virginia, and Berkeley have seen significant drops in minority student numbers. For instance, Virginia and Berkeley’s 2025 classes included just 6% underrepresented students, and Michigan had 7%. These figures heavily contrast with their previous commitments to diversity. Despite some schools’ slight improvements, the overall
UK businesses are seeking to rewrite tech’s historically poor reputation for diversity, Wiley Edge’s Diversity in Tech 2023 report found. The technology sector continues to be a driving force behind the global economy, with forecasts indicating that it is set only for further growth. However, the sector has yet to fully address an ongoing problem – the lack of workforce diversity. According to the report, as levels of income inequality reach new highs, the tech sector’s diversity dilemma puts it under added pressure to discover new ways of introducing more
CB Insights released its latest list of the world’s most promising startups, including a number of companies founded by people of color. CB Insights collected the company’s investors, headcount growth, and commercial relationships to identify 345 of the most promising private startups from their database of 1 million companies. The industries include fintech, AI, insurtech, generative AI, and retail tech. We have compiled a list of some people of color-owned startups featured. Airbase – Thejo Kote Thejo Kote founded Airbase in 2017 and has been its CEO since then. Airbase develops a modern
