Why CES Group is investing in diversity ventures for the first time
The Consumer Technology Association has been criticized in the past for falling short on diversity when it comes to keynote speakers at CES, the big tech trade show that takes place in Las Vegas each January.
But CTA, the lobby group that stages CES, has taken some of that criticism to heart, and it recently held an event related to diversity and inclusion in New York. To drive change in the way the tech sector supports entrepreneurs, the group announced it was investing in Harlem Capital Partners and SoGal Ventures as part of CTA’s $10 million commitment to venture firms and funds that invest in diverse and underrepresented entrepreneurs.
I interviewed Tiffany Moore, senior vice president of political and industry affairs at CTA, about the need for equal access to venture funding and its potential impact across the tech sector.
Harlem Capital Partners is a New York-based minority-owned early stage venture capital firm with a mission to change the face of entrepreneurship by investing in 1,000 diverse founders over the next 20 years. SoGal Ventures is the first female-led millennial venture capital firm and invests in early stage diverse founding teams in the U.S. and Asia.