According to CB Insights data, only one percent of venture capital-backed tech companies are founded by Black American entrepreneurs. This is despite the fact that diverse founding teams have proven to regularly outperform homogenous ones.
To help Black American entrepreneurs find resources available to help them, we released v1 of the Black American Startup Ecosystem Canvas in February 2020, in celebration of Black History Month. This first release included over 300 startup resources across the U.S., organized by stage.
Since that time, the racial inequities in our society have come to the forefront, and as a result dozens of new funds, organizations, and resources have been created to push Black American entrepreneurship forward (including the Black American Founder Fellowship, by the Founder Institute).
To keep up with the times we are now releasing an updated 2021 version of the Black American Canvas (v4), with over 742 resources listed. While we spent many hours on this research, more input is needed. Please leave your comments on this collaborative Google document to help us complete the list.
Below we have included a text version, for ease of searching & hyperlinking to all resources:
Startup Stages
There is no one right way to build a technology company, but for the sake of simplicity we have outlined a basic, common, sequential framework.
1. IDEA-STAGE
This is where new entrepreneurs get inspired, learn best practices, develop skills, validate ideas, and begin to build their team and product.
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Inspire
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Startup Media: Centralized information, listings, and news around African American entrepreneurship (i.e. startup blogs/ publications/ lists/ FB groups/ newsletters, etc)
- BDPA Today
- Blackque247
- Black Enterprise - Technology
- Black Excellence - Business
- Black Founders NewsleTechnologytter
- Black Tech Mecca - Reports
- Black Tech Unplugged
- Black Tech Women
- Black Wall Street
- Black Women Talk Tech Blog
- Blackledstartups.com
- Blacks in Technology - Stories
- Blavity
- Diversify Tech
- For Colored Girls Who Tech Newsletter
- Good Black News - Technology
- GSVlabs - Passport Scholarship for Black Founders
- Mogul Millennial
- People of Color in Tech
- Startup Digest Diversity, Equity & Inclusion
- The Network Journal - Black Entrepreneurs
- The Network Journal - Technology
- ThePLUG
- Urban Trendsetters: Tech News
- UrbanGeekz
- Wearable Tech Ventures
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Inspirational Events: Open, inclusive, beginner startup events specifically for African American entrepreneurs/ aspiring entrepreneurs (i.e. Startup Weekend, idea fairs, and inspirational meetups)
- A3C Conference and Festival
- AfroTech World
- A Tribe Called Tech Conference
- BDPA National Conference
- BITCon
- BlackByte
- Black Designers Ignite
- Black is Tech Conference
- Black Tech for Black Lives
- Black Tech Master Series
- Black Tech NOLA
- Black Technology Professionals - BTP NY
- BlackTech Meetup
- BlackTech Miami
- Blacktech Week
- Black Wall Street: Homecoming
- Black Women Talk Tech
- Data 4 Black Lives Conference
- Entrepreneur Accelerator Summit
- Graveti Summit
- MiTECH
- MogulCon
- NBMBAA Conference
- NOVELDAY
- T.H.E. Summit
- Tech Inclusion
- TechFam
- Tech: To Elevate Color in Hiring
- Texas Black Expo
- The Codette Project
- The State of Black Design
- Women of Power Tech Conference
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Educate
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Best Practices: Beginner knowledge-sharing events specifically for African American entrepreneurs/ aspiring entrepreneurs (i.e. beginner events that serve to educate more than inspirate, like 1 Million Cups, Startup Grind, Startup Founder 101, etc).
- < BLK hack >
- 1 Million Cups
- ATL Black Tech
- bccelerator
- Black Blockchain: New York
- Black Female Founders
- Black Founders
- Black in Tech: Food and Hacking
- Black Tech Columbus
- Black Tech Link
- Black Tech Matters
- Black Tech Nation
- Blacks in Technology
- Blacks in Technology: Dallas
- Blacks in Technology: Los Angeles
- Blacks in Technology: Washington, DC
- Blogalicious
- Chicago Blacks in Technology
- Cincinnati Blacks In Technology Meetup
- Crebul
- ImBlackInTech
- Knox St. Studios
- Minority Programmers Association
- Novel City Chamber of Innovation
- PDX Blacks in Technology Meetup
- Philly Startup Leaders
- Startup Founder 101
- Startup Grind
- TECHQUITY
- The Black Mastermind Group
- Roxbury Innovation Center
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Training & Feedback: Skill & Idea development organizations that are either 100% focused on African Americans, or have specific programs geared towards increasing African Americans in entrepreneurship. (Ex. bootcamps and comprehensive training programs, like Founder Institute, General Assembly, Lean Startup Machine, code camps, etc)
- Ada Developers Academy
- Alchemy Code Lab
- All Star Code
- American Underground
- Ayoo Africa Tech DC
- Baltimore Black Entrepreneurs & Startup Founders
- Bccelerator
- Black Ambition
- Black and Brown Founders
- Black Code Collective
- Black Girls Code
- Black Men Code
- Black Tech Boston
- Black Technologist
- BLKTECHCLT
- BLUE1647
- Careers in Code
- City Startup Labs
- Claim Academy
- Code Fellows
- Code Success @ NSBE
- Code2040
- Coding Dojo
- Columbia HBCU Fellowship
- DevLeague
- DevPoint Labs
- DigitalCrafts
- Founder Institute Black Founder Fellowship
- Fullstack Academy
- Galvanize
- General Assembly
- Grand Circus
- Hack Reactor
- Hackbright Academy
- Kal Academy
- Launch Academy
- Lean Startup Machine
- Metis
- Millennial Entrepreneurs Redefined
- MORTAR
- Nation of Makers
- National BDPA
- National Coalition of 100 Black Women
- New Relic Bootcamp Diversity Scholarship
- NOLAVATE Black: New Orleans Black Tech Collective
- Novel Professionals Accelerator
- Philly Tech Sistas
- Pivot Technology School
- PowerMoves Bootcamp
- SEED SPOT
- She Means Business Incubator
- StartupBus Advancing Black Entrepreneurs
- Startup Institute
- Tech Diversified
- Tech Elevator
- The Black Upstart
- The Hidden Genius Project
- Trep House
- We Build Black
- We Can Code IT
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Validate
-
Team Formation: Resources for African American entrepreneurs to team up (i.e. events or other resources that facilitate early-stage recruitment and cofounder matching)
- Bay Area Black Designers
- Birmingham Black Techies
- Black Business Association
- Black Business Women Rock
- Black Career Women's lo Network
- Black Connect
- Atlanta Minorities in Technology
- Bay Area Black Designers
- Birmingham Black Techies
- Black Business Association
- Black Business Women Rock
- Black Career Women's Network
- Black Connect
- Black Founders of San Francisco Bay Area
- Black in Tech STL
- Black Professionals In Tech Network
- Black Professionals Network
- Black Tech Talent
- Black Women in Technology: LA
- Blerd – Black Nerds in Colorado
- Boston Young Black Professionals
- CoFoundersLab
- Detroit Black Tech
- Founder2be
- FounderDating
- National Black MBA Association
- National Society of Black Engineers
- NYC Black Designers
- Ohio Black Entrepreneurs Network
- Organization of Black Designers
- Saint Louis Black Entrepreneurs Meetup
- Silicon Beach Diversity
- South Florida Black Professionals Network
- STL Professionals & Entrepreneurs of African Diaspora Meetup
- TechCofounder
- Technologists of Color
- Tribe Called T.E.C.H.
- Valence.community
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Build First Product: Hackathons & resources to build, specifically for African American entrepreneurs (i.e. hackathons and other builder-focused events and resources)
- Black Developers Meetup
- Black Girls Code Hackathon
- Black Lives Matter Hackathon
- Black Orlando Tech
- Blackspace
- Coding in Color
- Columbia DivHacks
- Frauvis Low Code Hackathon - Build For Us. Build For The Community.
- Hack Excellence: HBCU Hackathon Edition
- Hack for Justice Hackathon
- Hack the Gap
- Hack.Diversity
- HBCU Computer Science Department Chairs’ Hackathon
- iD8 Hackathon
- LA Makerspace
- MBKHEALTH Hackathon
- National Day of Civic Hacking
2. LAUNCH-STAGE
In this stage, entrepreneurs establish and formalize the company, develop the product, get feedback from customers, and prepare for the next step.
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Start
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Establish: Law firms & banks for startups with programs specifically targeting African Americans and other minorities in startups
- Alamerica Bank
- Allgaier Patent Solutions
- AXS Law
- Broadway Federal Bank
- Carver Federal Savings Bank
- Carver State Bank
- Citizens Bank
- Citizens Trust Bank
- Columbia Savings & Loan Association
- Commonwealth National Bank
- Credit Union of Atlanta
- Culhane Meadows
- Dayna Thomas Law
- Edwards Sutarwalla PLLC
- Faith Community Credit Union
- FAMU Federal Credit Union
- Fenwick & West
- First Independence Bank
- First Legacy Community Credit Union
- First Security Bank
- FisherBroyles
- Foley & Lardner
- Franklin Square Law Group
- GN Bank
- Greater Kinston Credit Union
- Greenberg Traurig
- Gunderson Dettmer
- Hill District Federal Credit Union
- Hope Credit Union
- Industrial Bank
- KMR Law Group
- Law For Black Lives
- Liberty Bank
- Looby Law
- M&F Bank
- Metro Bank
- Miles & Stockbridge
- OneUnited Bank
- Opportunity Finance Network
- Optus Bank
- SEED Law
- Sirote
- SJS Law Firm
- South Side Community Federal Credit Union
- St. Louis Community Credit Union
- The Arthur Firm
- The Fairley Firm
- The Harbor Bank of Maryland
- The Law Offices of Max Elliott
- Tolbert & Tolbert
- Toledo Urban Federal Credit Union
- Tri-State Bank
- United Bank of Philadelphia
- Unity National Bank
- Unity National Bank
- Urban Upbound Federal Credit Union
- VSU Federal Credit Union
- WilmerHale
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Workspace: Co-working and flexible workspaces with programs specifically targeting African Americans and other minorities in startups (note: “official” office space goes in 3.1.a. Infrastructure)
- Bamboo Detroit
- Black Dot Seattle
- Black Tech Union
- Blackbird House
- Blue Lacuna
- Business Lounge Dallas
- C3 Lab
- CAMPspace
- Catalyst Spaces
- Clout Workspace
- Coalition Space
- CoWork Street
- Creative Colony
- Creative Workspace @ HBA
- Dream Village
- EcoTech Visions
- Equal Space
- Ethel's Club
- Evolve Oakland
- Femology
- Highlander Accelerator Coworking Space
- I/O SPACES
- Impact Hub
- Inclusive Innovation Incubator Coworking Space
- Input Lofts
- LA Create Space
- Locale Workspace
- MLK Center Indy
- New Women Space
- Oakstop
- Opportunity Hub
- OSC Tech Lab
- Perfect Office
- Russell Center for Innovation and Entrepreneurship
- Second Shift Chicago
- Space Called Tribe
- SpaceLab Detroit
- Station Loft Works
- Synergy Coworking
- TechSquare Labs
- THE COMPOUND COWORK
- The Cube Cowork
- The Gathering Spot
- The Harlem Collective
- The Lab Nashville
- The Startup Nest
- The Urban Collective
- TILA Studios
- Vector90
- WeWork
- Work Evolution
- Zora's House
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Develop
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Formalize: Accounting, development and HR for early-stage startups, with programs specifically targeting African Americans and other minorities in startups
- ActOne Group
- Adelson Digital
- AMM Bookkeeping
- Anew HR Solutions
- Banks, Finley, White & Company
- Black Tech Jobs
- Carrington & Carrington
- CEPHR HR Consulting
- Creative Juice
- DIVERSANT
- Grace & Associates CPA
- Heyward CPA
- Inspire U Apps
- Jopwell
- Luxurious Web Design
- Minority Executive Search
- Mitchell Titus
- MoTek Technologies
- Ronnie L. Darden, CPA
- StandBy Talent
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Prepare for Seed: Incubators and advanced mentorship with programs specifically targeting African Americans and other minorities in startups (i.e. advanced knowledge sharing, later stage events and resources for startup TEAMS)
- Bayou City Lab
- Black Dot
- Black Founders Exchange
- Catapult
- Chicago Urban League Center for Entrepreneurship
- City Startup Labs
- Code2040
- digitalundivided
- Early Growth Black Founder Mentorship
- Google for Startups
- Harbor CDC
- Halcyon
- Inclusive Innovation Incubator
- Incubator Without Walls
- Minority Cannabis Incubator
- Morehouse Innovation & Entrepreneurship Center
- Renaissance Entrepreneurship Center
- SMAART Incubator
- Shaw University Innovation and Entrepreneurship Center
- StartUP FIU Procurement
- The Bronzeville Incubator
- The Hood Incubator
- The Startup Nest
- The Urban Incubator
- Youngstown Business Incubator
-
Launch
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Seed Accelerators: Seed funding mentor programs with programs specifically targeting African Americans in startups (Techstars-style programs that provide funding)
- 1863 Ventures Pipeline
- 1871
- Bronze Valley Accelerator
- Cincinnati Chamber Minority Business Accelerator
- CONNECT ALL @ the Jacobs Center
- DivInc
- Dreamit
- Founder Gym
- FundBlackFounders
- Greenville Chamber Minority Business Accelerator
- Hillman Accelerator
- Impact Ventures Startup Accelerator
- KiwiTech
- MVP Accelerator
- MWBE Accelerator
- NewME
- Nex Cubed, HBCU Founders Program
- Opportunity Hub Entrepreneurship Accelerator
- Plug and Play Tech Center
- PowerMoves
- Rocky Mountain MicroFinance (RMMFI)
- Sistahbiz Global Network
- Smarter in the City
- Startup52
- Tampa Bay Chamber Minority Business Accelerator
- Techstars
- The Farm Accelerator
- Tumml
- Vertical 404 Accelerator
- Y Combinator
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Pitch & Demo: Show local startups for investment (i.e. demo days for companies seeking seed investment)
- Black Founders Exchange Demo Day
- Black Girl Ventures Pitch Competition
- Black is Tech Conference Pitch Competition
- Black New Venture Competition
- digitalundivided Demo Day
- DivInc Demo Day
- Invest in Black Founders: a Netcapital Virtual Demo Day
- KiwiTech Black Entrepreneurs Matter Demo Day
- KiwiTech Minority Founders Demo Day
- LA Black Investors Club Virtual Black Business Pitch Competition
- MVMT50’s $100,000 Pitch Black Competition at SXSW
- Pitch For Good: Black Founders Edition
- PitchBlack
- The NBMBAA Scale-Up Pitch Challenge
3. GROWTH-STAGE
Here, a startup proves their utility, receives recognition, and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.
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Recognition
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Investor Networking: Connect professional investors with founders, with programs specifically targeting African Americans and other minorities in startups (i.e. events or groups that facilitate connections with professional investors)
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Major Media: Mainstream local business press, with features specifically targeting African Americans and other minorities in startups (i.e. major local or regional publications that frequently champion businesses)
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Funding
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Angels / Micro-VCs: Angel and seed-stage investors
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Prominent African American Angels
- Alex Nwaka
- Arian Simone
- Ati Okelo Williams
- Brentt Baltimore
- Brian Brackeen
- Candice Matthews Brackeen
- Charles Hudson
- Darius Sankey
- Daymond John
- Ebony Pope
- Eghosa Omoigui
- Erica Duignan Minnihan
- Erik Moore
- Eugene Flood
- Hamet Watt
- Henri Pierre-Jacques
- Jamison Hill
- Jarrid Tingle
- Jewel Burks Solomon
- Joe Hurd
- John Henry
- Jon Gosier
- Kanyi Maqubela
- Ken Coleman
- Lauren Maillian
- Lorine Pendleton
- Michael J. Howard
- Monique Idlett-Mosley
- Monique Woodard
- Paul Judge
- Rodney Sampson
- Simone Castillo
- Stephen DeBerry
- Sydney Sykes
- Timothy Reese
- Troy Carter
- Uriridiakoghene (Ulili) Onovakpuri
- Valerie Mosley
- William Crowder
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Angel Investors with a focus on African Americans and other minorities in startups
- Anthony Saleh
- Aydin Senkut
- Bart Lorang
- Ben Lin
- Benjamin Ling
- Bobby Yazdani
- Brad Holden
- Bradley C. Harrison
- Brett Jackson
- Chamath Palihapitiya
- Daniel Pomp
- David Lee
- David Teten
- David Wanek
- Dharmesh Shah
- Elizabeth Kraus
- Felix Shpilman
- Garry Tan
- Harj Taggar
- Jeff Schox
- Jerry Yang
- Jude Gomila
- Kal Vepuri
- Lance White
- Max Levchin
- Michael Arrington
- Naval Ravikant
- Paul Sethi
- Peter Kellner
- Ram Shriram
- Ryan T. Melohn
- Steve Chen
- Tony L. Chen
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Venture Capitalists: Series A and beyond
-
Prominent African American Venture Capitalists
- VCs with a focus on African Americans and other minorities in startups (NOTE: See also ‘The Black Founder List’)
- 645 Ventures
- 1863 Ventures
- Accion Venture Lab
- Ascend Ventures
- Aspect Ventures
- Authentic Ventures
- Backstage Capital
- BASE
- Base10 Partners
- Black Angel Tech Fund
- Black Founders Matter
- Black Girl Ventures
- Blue Run Ventures
- Bootstrap Capital
- Brightpath Capital Partners
- Bronze VC
- Brown Venture Group
- Camelback Ventures
- Catalyst Fund
- Cleo Capital
- Collab Capital
- Connectivity Ventures Fund
- digitalundivided
- DiverseCity Ventures
- Dreamit Ventures
- EchoVC Partners
- Fairview Capital
- FEARLESS FUND
- Felicis Ventures
- Floodgate
- Founders First Capital Partners
- GenNx360
- Gingerbread Capital
- GV
- Halcyon Angels
- Harlem Capital
- HBCUvc
- Humble Ventures
- ICV Partners
- ID Ventures
- Impact America Fund
- Intel Capital
- Kapor Capital
- KEC Ventures
- Lightship Capital
- Lowercase Capital
- MaC Venture Capital
- New Age Capital
- New Voices Foundation
- Precursor Ventures
- PS27 Ventures
- Reach Capital
- Realist Ventures
- Reign Ventures
- Reinventure Capital
- Resilient Ventures
- Ribbit Capital
- Rough Draft Ventures
- Serena Ventures
- Social Capital
- SoftTechVC
- SoGal Black Founder Startup Grant
- The Black Founder List
- Upfront Ventures
- Valmo Ventures
- Vertical 404
- Village Capital
- Vista Equity Partners
- WE Venture
-
Growth
- Infrastructure: Office space, HR, local business insurance, with programs specifically targeting African Americans and other minorities in startups
- 42Floors
- Allstate
- Astron Solutions
- Athena Alliance
- Atlanta Life
- Breather
- Chubb
- Cigna Health Insurance
- Esurance
- Farmers Insurance
- Geico
- Instant Offices
- JER HR Group
- Liberty Mutual
- LiquidSpace
- LoopNet
- MetLife
- New York Life Insurance Company
- OfficeFinder
- Out2Enroll
- Phillip Rush Center
- Progressive
- Regus
- SF LGBT Center
- Sava Insurance Group
- Shaw HR Consulting
- State Farm
- TechSpace
- The Hartford
- Travelers Insurance
- Turnkey Office Space
- Expansion: Growth accelerators/consultants, with programs specifically targeting African Americans and other minorities in startups (i.e. programs and business consultants for capital-rich companies to grow and scale)
- Accenture
- Accion
- Bain & Company
- BearingPoint
- Booz Allen Hamilton
- Boston Consulting Group
- Capgemini
- Deloitte
- Ernst & Young
- FTI Consulting
- Gartner
- Grant Thornton
- Hercorner
- IMG Consulting
- Kantar
- Kearney
- KPMG
- L.E.K. Consulting
- McKinsey & Company
- Mercer
- North Highland
- Oliver Wyman
- Protiviti
- PwC
- Roland Berger
- Royal Consulting Firm
- Tata Consultancy Services
- The Barthwell Group
4. SUCCESS STORIES
Notable technology companies that were founded by African Americans, or currently have an African American CEO.
- 4D Healthware
- ActOne Group
- Andela
- AptDeco
- Bandwagon
- Beauty Bakerie
- Blavity
- Blendoor
- Cadre
- CapWay
- Civic Eagle
- EnrichHER
- Flutterwave
- FUBU
- Goodr
- HireHer
- Jobble
- LendStreet
- LISNR
- Mayvenn
- Mercaris
- Mentor Spaces
- Moving Analytics
- Ovamba
- Pathbrite
- Pigeonly
- Pindrop
- PlayVS
- Plum Perfect
- PopCom
- Quarrio
- ReachEdu
- Rubitection
- Scholly
- Shotspotter
- Soldsie
- Sproxil
- Sudu
- Sworkit
- The Gathering Spot
- The Mentor Method
- Travel Noire
- TruGenomix
- Uncharted Power
- Upsie
- Urban One
- UrbanGeekz
- World Wide Technology
- Wyzerr
Supporters
To facilitate the steps, every ecosystem needs strong supporters.
1. GOVERNMENT
Public organizations that facilitate local economic development
- African American Business Organizations
- African American Chamber
- African-American Chamber of Commerce of PA, NJ, and DE
- Black Economic Alliance
- Capital Pathways
- Cincinnati Minority Business Collaborative
- Greater Houston Black Chamber
- Greater Los Angeles African American Chamber of Commerce
- Greater Washington Black Chamber of Commerce
- Minority Business Development Agency
- National Black Business Council
- National Black Business Support Corporation
- National Black Chamber of Commerce
- National Black & Latino Council
- National Minority Business Council
- National Minority Supplier Development Council
- National Urban League Entrepreneurship Center
- New York City Black Chamber of Commerce
- SBA 8(a) Business Development Program
- Silicon Valley Black Chamber of Commerce
- U.S. Black Chambers
Learn more about the Startup Ecosystem Canvas here, and leave us your thoughts on the Black American Startup Ecosystem Canvas on this collaborative Google document (This is a perpetual work in progress, and more input is needed!)