In Venture Capital, only 2% of capital goes to U.S. -based female-only founder teams. Of the 2%, women of color get only a fraction.
Women of color hold only 4.6% of board seats in Fortune 500 companies.
In 2019, Black women working full-time earned 62 cents for every dollar white, non-Hispanic men earned.
In this moment when the country is navigating a global pandemic and the continued onslaught of racial injustice, many organizations have grappled with how to take meaningful action. WCCD recognizes there is no one-size-fits-all approach to overcome these obstacles and create equitable outcomes, but there’s one way to start: entrust Black women. Throughout history, Black women have exhibited leadership that leads to positive change – often in the midst of unthinkable challenges. Research tells us that Black women are more educated than most demographics, own a growing number of successful businesses, have incredible spending power, proven influence at the polls, and are more likely to be the breadwinners. Yet Black women continue to be underestimated, underrepresented and undervalued. It is time for the world to see us as assets and take action to acknowledge our value.
Entrust Black Women (EBW) is an initiative designed to amplify Black women’s expertise, skills, and insights and support diversity, equity and inclusion efforts in our region. EBW provides a platform for WCCD members to share their stories, tap into employment opportunities, and participate in exclusive learning and networking sessions with regional and local leaders who are serious about building Diversity, Equity and Inclusion (DEI) throughout their organizations.
TELLING OUR STORIES
The first component of EBW is a storytelling campaign that allows WCCD members to share their unique perspectives on what this initiative means personally and professionally. This collection of insights will live on WCCD’s website and be featured on our other communication platforms.
Interested in participating? Respond to one (or more) of the following questions. Please submit your responses (400 words max) via the form linked below:
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