Redirecting Capital to Accelerate Racial Equity: Leveraging Venture Capital

November 2, 2021, 1:00-2:00pm

This is the second webinar in the new Racial Equity, Economics, Finance, and Sustainability (REEFS) webinar series, Redirecting Capital to Accelerate Racial Equity series, highlighting opportunities to pursue racial and economic justice in America with foundational examples in each asset class. At this moment, many asset owners and managers are intensely focused on systemic and institutional racism and are seeking opportunities to tackle racial inequities by leveraging their portfolio allocations. Simultaneously, more firms are launching or expanding investment opportunities to target the venture capital funding gap for Black, Indigenous, and other entrepreneurs of color.

In this session, venture capital managers will:

  • explain the lifecycle of capitalizing businesses and the importance of increased access to venture capital for SMEs led by people of color;
  • highlight the changing demographics business landscape and opportunities for BIPOC entrepreneurs; and
  • identify opportunities for investors to use non-financial resources to support an enabling environment that supports the success of founders of color.

Speakers:

  • Sharlene Brown, Director of REEFS, Senior Fellow of Croatan Institute (Moderator)
  • Julianne Zimmerman, Managing Director, Reinventure Capital
  • Rev. Dr. M. Keith Daniel, Co-founder and Managing Director for Resilient Ventures, LLC.

About the Series:

This conversation is part of a larger series organized by Croatan Institute’s Racial Equity, Economics, Finance, and Sustainability (REEFS) program, Redirecting Capital to Accelerate Racial Equity, a Total Portfolio Activation Approach.

Our nation is at a crossroads. The continued onslaught of racial inequities and injustices has led to a moment of keen reflection and should lead to sustained action. As impact and other conscientious investors consider how to tackle racial equity, we must acknowledge that the intensity of resources invested in White communities throughout this country’s history has led to today’s income and wealth gaps. Many decades of affirmative actions mainly benefiting White Americans — investments in education, homeownership, and job access — have created disparate outcomes for communities of color.

Today, the investment community must be collaborators willing to invest transformative capital in communities of color — both to address historical wrongs and seize future opportunities — that bank on the full potential of all citizens in this nation. This educational series Redirecting Capital to Accelerate Racial Equity, a Total Portfolio Activation Approach, showcases investable opportunities across asset classes.