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Empowering Minority Impact Entrepreneurs w/ Aaron Walker of Camelback Ventures
April 24, 2017 @ 6:00 PM- 7:00 PMFree
44% of women-led small and medium-sized entreprises (SMEs) consider themselves to be a social enterprise compared to 26% of all SMEs. Minority-owned businesses in the United States generate $1 trillion in revenue. The number of businesses owned by African American women has grown 322% since 1997 yet in the past five years, they’ve only received .2% of all venture funding in the United States. Latino American entrepreneurs earned 43% less than non-Latinos in 2012.
These are just a few of the statistics that highlight both the opportunities and the inequities of entrepreneurship in the United States. Aaron Walker founded Camelback Ventures with the aim of addressing these types of inequities in the social innovation space by providing coaching, capital and connections to underrepresented entrepreneurs. Their mission: create a more diverse social innovation ecosystem that leverages the genius of all people.
Since 2015, Camelback Ventures has supported 33 social entrepreneurs with 93% of their fellows identifying as people of color and 55% as women. Camelback Ventures fellows have gone on to win recognition from the Aspen Institute, Draper Richards Kaplan, Echoing Green, and Teach For America among others. Collectively, the first two classes have raised an additional $6 million in new funding and continues to grow their impact. Come April 24th and hear how we can work together to build a more inclusive space for social innovation.