While there are a growing number of Black and Latinx women-led startups crossing the $1MM threshold, the majority of Black and Latinx women–led startups raise significantly less than the average funded startup. For those who have not raised over $1MM, the median seed round raised by Black women founders is $125,000 and the median seed round raised by Latinx women founders is $200,000. As of 2020, the national median seed round funding for a startup is $2.5M.
ProjectDiane2020. Read the report >>
Women of Color Connecting Leverages the Power
of Relationship Capital
Because capital constraint remains a defining problem for the majority of Women of Color entrepreneurs, we are attacking this problem from a different angle. We are engaging the vast IFEL network to use their expertise and relationships to get more women of color on the grow-scale-exit trajectory to building wealth through entrepreneurship.
About the WOCCON Movement
We shine a spotlight on the real issues that women of color business owners face
We provide a safe space for authentic conversations and honest dialogue
We facilitate organic relationship development that can lead to mutual benefit
We bring together the positive energy needed to propel a movement
You have the opportunity to be the change that you say that you want to see
We will provide opportunities to get involved and share your work
Be An Agent of Change
It’s not the overtly racist or bigoted people who openly seek to oppress others that are the biggest problem. Polite society finds them and over time roots them out. It’s the well-intentioned people who say that they care about diversity and inclusion, fairness, equity and equality but who are not active in and mindful about changing “business as usual” who are the real problem. Those who talk about the right thing yet do little to effect change. Those who allow the wrong thing to continue to happen. We all know that the status quo isn't good enough. What are we going to do to change it?
Join us to create a new paradigm. Join us to share your insights. Join us to be part of the change we need to help more Women of Color entrepreneurs succeed.
Just because you aren't an angel or VC investor doesn't mean you can't help us address the access to capital challenge experienced by so many Women of Color entrepreneurs. Using your professional skills, you can help a Woman of Color entrepreneur grow, scale and get to the next level.
Thank You to Our WOCCON 2022 Sponsors:
Women of Color Connecting Leadership Council
Avis Yates Rivers
Monica Slater Stokes
Donate to Support the Mission
Women of Color Connecting builds a bridge between Women of Color entrepreneurs and those in positions to open doors. We call on our allies in the entrepreneurial ecosystem to stand with us and more importantly to stand in for us. Together we can make a difference.