ALPHARETTA, GEORGIA – JUNE 23: Issa Rae speaks onstage during TSP Live 2023 at The Hotel at Avalon on June 23, 2023 in Alpharetta, Georgia. (Photo by Carol Lee Rose/Getty Images)
Issa Rae will be in Cincinnati this week to serve as the keynote speaker for the ninth annual Black Tech Week.
“We’re seeing more and more Black women, Black men coming into venture funds as analysts, associates and growing into partners,” she said.
“I would say the numbers are getting better in that space and as that happens, I think we’ll see more folks getting funded.”
Michael Moore, founder of Black Achievers and former IT project manager for Fifth Third Bank, believes the issue lies in the lack of relationships Black founders have with investors.
“If you’re a VC (venture capital) funder and you just don’t have African Americans as part of your network,” he said, adding his company’s mission.
“To get more African Americans with their white colleagues together in the same room to have those conversations, then what starts to happen is people begin to understand they have shared interests,” he says.
Black Tech Week will be hosting events at a variety of Cincinnati venues including Music Hall, Memorial Hall, Washington Park, and the Transept.
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Source: Black Enterprise