Black women entrepreneurs are a dynamic force driving economic growth, yet systemic challenges continue to impede their success. According to the World Economic Forum, in 2021, Black women startup founders received just 0.34% of the total venture capital spent in the U.S., and this figure has seen a further decline. In fact, in 2022, reports found Black and Latina women founders represented only 0.1% of venture capital funding, despite this demographic representing at least 42% of women-owned businesses.* These alarming statistics underscore the importance of investors like TEDCO in fostering an ecosystem that empowers women entrepreneurs.
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