The United States’ black-white wealth gap is estimated to cost the economy between $1 trillion and $1.5 trillion per year by 2028. Healthy black-owned businesses could be THE critical component to narrowing this gap. The solution consists of many pieces and requires a shift in mindset for funding, public policy, and more. Google’s Black Founders Fund, Capital Factory, and eight black-founded Texas startups found a non-dilutive model that is working and shows us how to piece together the edges of this puzzle. Hear from two Texas entrepreneurs that were recently selected to receive non-dilutive funding as part of the Black Founders Fund, along with the Head of Google for Startups on how she’s empowering diverse startup founders.
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