Black and Brown founders invited to pitch to investors during gener8tor’s Lightning Rounds
Nationally ranked startup accelerator gener8tor announced today an exciting opportunity for startups to pitch to investors through its Lightning Rounds pitch event on March 4, 2021. Lightning Rounds is gener8tor’s quarterly event that connects startups with accelerators and investors via quick-pitch opportunities.
Through Lighting Rounds, gener8tor’s goal is to create an industry-leading pitching series centered on investing in underrepresented founders. gener8tor believes a gold-standard pitch event that connects diverse-led innovation, venture capitalists and thought leaders is long overdue.
According to BLCK VC, “more than 80 percent of venture firms don’t have a single Black investor, and just one percent of venture-funded startup founders are Black.” In addition, only two percent of venture capital investment goes to Latinx founders, according to the U.S. Securities & Exchange Commission. gener8tor hopes that by creating an opportunity for Black and Brown founders to pitch investors, we can work to close this investment gap and create better opportunities for underserved and untapped founders of color.
gener8tor will provide free office hours for startups who are not selected for pitches to coach them on improving their presentation skills and businesses so that everyone can walk away from the event with a positive experience.
One of gener8tor’s goals is to close equity gaps for founders, continually improve the workforce, and foster relationships with diverse communities and organizations that are dedicated to diversity, equity, and inclusion.
The deadline for startups to apply is Feb. 1, 2021. To apply for a chance to pitch at Lightning Rounds visit www.gener8tor.com/lightning-rounds/investor-pitches-black-and-brown-founders. Investors interested in participating in this event can reach out to nathan@gener8tor.com. This event is held in collaboration with Northwestern Mutual Fund Ventures, Bronze Valley, American Family Institute, TechTown Detroit, Lightship Capital, NVNG and midwest.tech.