UNDERSTANDING THE CHALLENGE
Economic inequality is a moral issue, and a business issue.
Black and Latinx workers with bachelor's degrees earn 25% less than Asian and White workers from similar backgrounds.
The average white family has a net worth of $171K, compared to the average Black family at $17K.
1. BLACK WORKERS STILL EARN LESS THAN THEIR WHITE COUNTERPARTS. SHRM (2020)
2. EXAMINING THE BLACK-WHITE WEALTH GAP. BROOKINGS (2020)
"We are inventing a new template for starting a successful company and transforming the startup industry"
Leandrew Robinson, Co-founder, Hingeto Co.
A TWO-SIDED SOLUTION
Colorwave provides program fellows with leadership training and placement at high-growth, VC-backed companies. Program members not only receive access to curated career opportunities partner companies, but a lifetime community of peers and strategic network to make their career or entrepreneurial dreams a reality.
Venture Capital and their portfolio companies can take action by signing The Colorwave Pledge, committing to more diverse recruitment, hiring, retention, and promotion processes. Partner companies have exclusive access to Colorwave members and our support in sourcing talent to meet diversity and inclusion goals.