Top Ten Videos to watch

An attractive ethnic business woman smiling confidently at the camera as she stands in an office
Los Angeles Clippers v Golden State Warriors
Toddler Caught In Crossfire Of Shooting In Chicago
HISTORY Brings 'Roots' Cast And Crew To The White House For Screening
Graduates tossing caps into the air
Freddie Gray Baltimore Protests
Mid section of man in graduation gown holding diploma
Legendary Baseball Player Tony Gwynn's Family Files A Lawsuit Against Big Tobacco
ME.jailhouse#2.0117.CW Montebello City Council has approved use of a private contractor to run the n
Chicago Mayor Rahm Emanuel Addresses Police Misconduct At Chicago City Council Meeting
WWII Soldiers Standing In A Flag Draped Sunset - SIlhouette
Students Taking a College Exam
Bill Cosby Preliminary Hearing
Hillary Clinton Campaigns In Louisville, Kentucky
Worried black businesswoman at desk
Tyler Perry And Soledad O'Brien Host Gala Honoring Bishop T.D. Jakes' 35 Years Of Ministry
Teacher with group of preschoolers sitting at table
FBI Officials Discuss Apprehension Of Explosions Suspect After Three-Day Manhunt
NFC Championship - San Francisco 49ers v Atlanta Falcons
Protests Erupt In Chicago After Video Of Police Shooting Of Teen Is Released
Nine Dead After Church Shooting In Charleston
Portrait of senior African woman holding money
President Bush Speals At Federalist Society's Gala
Police Line Tape
Senior Woman's Hands
Leave a comment

That’s the backdrop for the heated debate over the scarcity of Blacks in technology sectors, particularly in Silicon Valley — the Mecca of start-up innovations and venture capital.

“It’s true that few Black tech entrepreneurs exist,” says Chad Womack, a biotech entrepreneur, STEM education advocate and fellow co-founder of the BICI. “And there would be more if we could connect a robust pipeline of tech-entrepreneurial talent to capital and the innovation ecosystem.”

See Also: Black Travel: Visit Washington D.C.

See Also: Is This Justin Bieber’s Alleged Baby Mother?

Another pressing and oft-ignored problem is there are far fewer Blacks in the space of angel investing. Nearly 900 venture capital groups manage institutional funds in which Blacks have money invested via pensions and other funding options. These funds are used as economic fuel to generate significant job growth among fast-growing, young companies. The top 1 percent of these companies account for 40 percent of job growth in the nation every year. From founders to fund managers, there are few Blacks in that ecosystem, even as they contribute to its success.

The Angel Capital Association, which has nearly 200 member groups representing more than 10,000 individual angels nationwide, counts only one Black angel group among its members.

Read more at Washington Post

Also On News One: