Advertisement
Advertisement

Meet the black female entrepreneurs shaking up Silicon Valley

March 10, 2019 at 06:00 am | Tech & Innovation

Mildred Europa Taylor

Mildred Europa Taylor | Staff Writer

March 10, 2019 at 06:00 am | Tech & Innovation

Kathryn Finney is the founder of digitalundivided (DID), a social enterprise that encourages women of colour to be actively involved in the digital space. Pic credit: anitab.org

Most businesses in the world today continue to be dominated by men as women CEOs do not make up a huge portion of bosses who have risen to the top.

In the U.S., Silicon Valley, home to many start-ups and global technology companies, has men running affairs – mostly white and Asian men. This leaves little space for black women who make up about 13 per cent of the female U.S. population and only four per cent of the estimated 2,200 women-led startups.

The average amount of funding a black female entrepreneur gets is $36,000. On the other hand, those generally founded by white men, raise $1.3 million, according to the CNN.

Despite the hostilities black women face in entrepreneurship, especially when it comes to fundraising, some of them have broken barriers and been able to raise as much as $1 million in outside capital.

This small but growing group of women are shaking the tech world, particularly, Silicon Valley with their initiatives. Below are some of them:

Most viewed

Conversations

Must Read