Are you a diverse entrepreneur whose startup could use $100,000 in cash?
Capital Factory’s new Diversity & Inclusion Challenge might be the ticket.
The competition is looking for startups founded or run by those that are typically underrepresented in the tech space -- including people of color, women and the LGBTQ+ community.
In addition to the money, winners will receive perks including one year of unlimited co-working at Capital Factory and access to the tech accelerator’s mentor network.
“There’s a lot of diversity-related work being done in tech, but we believe one of the best things we can do to facilitate that is to actually dedicate funds to increase the pipeline,” said Mellie Price, Capital Factory’s director of diversity and inclusion.
Capital Factory has run other $100,000 challenges, including an artificial intelligence startup challenge.
Startups can apply to the diversity challenge through AngelList. Five companies will be selected to pitch their business on Sept. 29.
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