Women Who Tech, one of the largest organizations committed to investing in female-led generation startups, has introduced a new grant program to identify leaders from notable female generations who are struggling to mitigate pandemic problems.
The COVID-19 Technology Grant will praise leading women-led corporations in sectors such as health, education and civic engagement. Of the five finalists, two will be named winners and will get the $3,000 Impact Scholarship or the $10,000 Innovation Scholarship. Winners will also get individual support. Nominations close on Sunday, August 23 at 11:59 p.m. Pt.
“That generation is one of the most productive tactics to solve some of the biggest global upheavals we face as a society,” says Allyson Kapin, founder of Women Who Tech.
While women are at the forefront of technological innovation, they continue to face barriers to funding. The pandemic has only intensified this gap.
“Funding for women-led startups fell by more than 30% between the 2019 quarter and the 2020 quarter and gained 2.7% of initial funding,” says Kapin,” says Kapin”, “For startups led by Latina women: 0.32%. Black founders, the investment is even more depressing with only 0.0006%.
Women Who Tech is based on allies including Craigslist founder Craig Newmark and Craig Newmark Philanthropies, and a member of the Women Who Tech advisory board. Newmark, which is part of the Seven-Person Women Who Tech Advisory Board in the U.S., is very transparent about its role: “The concept is to give voice to under-hosted populations and then, for the most part, get out of their business,” Says Newmark.
Through previous grant programs, Women in Tech has helped corporations such as the streaming service founded through black women kewliTV, which aims to combat the under-representation of black stories in the media. The company’s content will now be available on Comcast platforms.
Women Who Tech should be an integral component of the discussion about the investment gap, with plans to publish a survey on the major barriers and demanding situations they face in startup culture and technology. The organization also needs to expand its influence.
“We are thinking of tactics to fund more new companies led by women who want ours around the world,” Kapin says.
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I am a contributor to For (bes) The Culture, where I use technologies similar to the entertainment industry. Born in Chicago and raised in Washington DC, recently
I am a contributor to For (bes) The Culture, where I use technologies similar to those of the entertainment industry. Born in Chicago and raised in Washington DC, I recently earned a master’s degree in television production control from Boston University. Lately I live in New York, where I help produce local and national news. From Sean “Diddy” Combs’ editorial production “Revolt TV to BET Networks scripted and un scripted programming audiences, I have experience in generating canopy in music and entertainment. When I’m not working, I like fitness and wellness through yoga and percentage of my private reports stuttering through motivational speeches.