Diversity is core to competitiveness. A 2014 Harvard Business School study, The Cost of Friendship, found that success rates of entrepreneurs diminish when co-investors have similar backgrounds and experiences. As an industry, we have a lot of work to do, and NVCA is committed to helping investors and entrepreneurs build diverse, competitive teams. Last week,… Read more »
Posts By: Jessica Straus
This November is National Entrepreneurship Month, a month dedicated to celebrating and supporting the entrepreneurs who serve their communities and strengthen the U.S. economy. Supporting greater opportunity for more entrepreneurs to grow new ideas into companies is central to the mission of NVCA. In addition, we believe diversity and inclusion are core to the success… Read more »
This week we issued our first-ever report on diversity and inclusion in the entrepreneurial ecosystem. Building a More Inclusive Entrepreneurial Ecosystem, showcases the efforts being made to improve diversity in the venture capital industry. There is still a great deal of work to be done to expand the number of women and underrepresented minorities in… Read more »
“Welcome to Believeland!,” was the enthusiastic greeting from Ray Leach, CEO of JumpStart, Inc., to an audience of entrepreneurs, venture capital investors, nonprofits, foundations, government entities, universities, and corporations, who were among the hundreds gathered for JumpStart, Inc.’s Second Annual Startup ScaleUp event in Cleveland.
The NVCA Corporate Venture Group (CVG) serves as the voice and advisory council of corporate venture investors within the broader NVCA community. Together, these leaders advance the education, professional development and networking mission of corporate venture groups, enabling them to accelerate the progress of innovation and growth through successful venturing. Each May, nominated by their… Read more »
Corporate venture investment hit a 15 year high in 2015, both in terms of deal participation and dollars deployed. CVCs deployed over $7.7B into 930 deals– participating in 1 of every 5 VC deals. With this dynamic environment, we know it’s critical for corporates and traditional VCs to connect and communicate to foster a collaborative… Read more »
This week, the National Venture Capital Association (NVCA) Diversity Task Force together with Dow Jones VentureSource, and CrunchBase have launched the 2015 Venture Census to take on the critical challenge of measuring the demographics of the U.S. entrepreneurial ecosystem. We invite every employee of venture capital firms and startups to participate in the 2015 Venture Census to anonymously contribute data about their personal and professional backgrounds.
Speaking before an audience of diverse entrepreneurs and investors at the 18th Annual Rainbow PUSH Wall Street Project Economic Summit, Ray Leach, NVCA Board Member and NVCA Diversity Task Force Member, made clear the future of innovation depends on expanding opportunities for women and minorities in the venture capital and innovation ecosystems. In The Huffington… Read more »
On an annual basis, the venture capital industry collectively invests in 3,000-4,000 companies and about one-quarter of those investments go to companies that are raising their first round of venture capital. In 2014, venture capitalists invested in 4,356 companies and 1,409 were first-time fundings. How did these entrepreneurs cross the finish line and what’s their next mountain to climb? At NVCA,… Read more »
As part of our series featuring leaders in innovation during Global Entrepreneurship Week, we spoke with Eric Hauck, the Director of Impact Hub in Barcelona, Spain. Impact Hub is a global network of social innovation incubators with 7,000 members in more than 60 cities worldwide. In Barcelona, the Impact Hub is based in the Plaza Real amid the city’s… Read more »