Brad Feld

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Matching Grant to the Techstars Foundation to Help Improve Diversity In Entreprenership

Jun 09, 2016
Category Techstars

For the next 90 days, Amy and I are matching every gift to the Techstars Foundation on a 1:2 basis up to $100,000 from us. Our overall goal is to raise at least $300,000 for the Techstars Foundation by the end of the summer.

If Techstars has touched you in any positive way, I’d request that you consider making a grant to the Techstars Foundation. This request includes anyone who has gone through a Techstars accelerator, done a Startup Weekend, participated in a Startup Week, receives Startup Digest, or has been a mentor or investor in any Techstars company or program. Or anyone else who has been positively motivated or influenced by Techstars in any way.

When we started Techstars in 2006, our goal was to change the way early stage company creation and innovation worked. While we didn’t have the words for it then, we’ve evolved the language and the mission of the organization over the last decade which we now summarize in the tagline “Techstars is the global ecosystem that helps entrepreneurs build great businesses”

As part of building this global ecosystem of entrepreneurs, I’ve observed and experienced a massive issue around diversity in entrepreneurship. This is not a new issue to me as I’ve been working with various organizations, such as National Center for Women & Information Technology, since 2005.

Last year, in a conversation with the Techstars leadership team, we decided to start the Techstars Foundation with the goal of improving diversity in entrepreneurship. While we were already doing lots of things internally around this, by creating the foundation we have taken it up a level, as evidenced by our first five grants that were made last month.

Amy and I decided to launch this challenge grant as part of a larger gift from us to the Techstars Foundation. We hope you join us and support our efforts.