The NYU Entrepreneurial Institute is proud to announce the launch of the Max Stenbeck Enterprise Fairness Program, which goals to assist a various set of founders from all backgrounds study the basics of fundraising. Accepted contributors will partake in 5 interactive workshops and panels from traders and seasoned founders.
There continues to be an enormous hole within the quantity of enterprise capital invested in startups led by girls, BIPOC and different underrepresented founders, relative to their friends. As of Sept. 22, 2022, solely 2% of enterprise funding in 2022 has gone to ventures led by girls solely, whereas funding to Black founder-led startups represents simply 1.2%. Whereas nearly all of ventures supported at NYU’s Entrepreneurial Institute are led by Ladies and founders who’re Individuals of Colour, far fewer obtain enterprise funding.
The Max Stenbeck Enterprise Fairness program goals to arm NYU founders dedicated to variety, fairness and inclusion in entrepreneurship with information to evaluate for themselves whether or not enterprise funding is a match for his or her enterprise and if that’s the case, to equip them with instruments and empower them to have a profitable fundraising course of sooner or later.
The Max Stenbeck Enterprise Fairness Program is a 5 invite-only workshop collection specializing in greatest practices and mechanics of enterprise fundraising. The lectures, workshops and panels shall be led by enterprise backed entrepreneurs, traders, startup legal professionals, and skilled startup operators. Each throughout and after this system, contributors may have the chance to satisfy traders and different advisors via workplace hours and training.
When/the place will it happen?
This system shall be held just about (by way of Zoom), from roughly 4-6pm ET on Tuesdays (Oct. 25, Nov. 1, Nov. 15, Nov. 29 & Dec. 13).
Who’s it for?
This system is designed for founders constructing scalable ventures who’re dedicated to variety, fairness and inclusion in entrepreneurship who’ve by no means raised from institutional traders. This system is constructed for enterprise founders which have early indications of product/market match and shall be prepared to lift funding within the subsequent 6 months. When you have raised an angel or mates & household spherical and need to get able to pitch to institutional enterprise capitalists, this program can be for you.
This system is open to all NYU college students, college, workers and up to date alumni (inside 2 years of graduating NYU) who’re constructing extremely scalable, for revenue ventures, and who’ve performed rigorous buyer discovery to validate problem-solution match. As a prerequisite to this system, founders ought to have accomplished NYU’s Summer season Launchpad Accelerator, Startup Dash, Feminine Founders Fellowship, and/or NSF’s I-Corp program. Ventures who haven’t participated in these packages may be thought-about, if they can display early traction and meet the opposite program necessities. All ventures assembly these standards are eligible to use to this system. These ventures run by girls, non-binary, Black, LatinX and LGBTQ+ founders are inspired to use.
Ventures at an earlier stage are extremely inspired to use for a Startup Bootcamp (for college students) or Tech Enterprise Workshop (for full time college/PhD/researchers) to take the primary steps towards validating the wants of their future prospects and designing the precise answer to suit their wants.
Be taught extra about this system and eligibility necessities by way of this system web site.
What are the subsequent steps?
Be taught extra about this system right here, and apply at present! Functions are open till October 11 at midday (mark your calendars).