The current grant cycle for the Techstars Foundation is now open. We are providing grants, scholarships, and sponsorships to underrepresented groups in entrepreneurship, including women and minorities.
Apply here. And, if you want to contribute financially to support the mission of the foundation (a 501c3) – donate here.
At Foundry Group, we have a deeply held belief that we benefit from our local community (Boulder, in our case) and that we have a responsibility, as we have success, to give back to our local community.
My partner Seth Levine just had an excellent OpEd in the Boulder Daily Camera explaining this. It’s titled Entrepreneurs can give back, by giving early to EFCO. In it he explains more about Entrepreneurs Foundation of Colorado (EFCO) and Pledge 1%, two organizations we have helped create.
Seth also describes our recent gift of $300,000, via EFCO, to Boulder-based non-profits, to fill a gap in funding from Foothills United Way that happened recently.
“The Community Foundation Serving Boulder County announced last week it will grant an additional $300,000 to local Boulder County nonprofits this summer in response to a 62 percent cut in funding from Foothills United Way. The grants will be funded by Foundry through our membership in the Entrepreneurs Foundation of Colorado (EFCO).”
While many people view Boulder as a wealthy town, we have our share of people struggling to make ends meet. In fact, as Seth highlights in his OpEd:
“We hope this money will impact the thousands of local families and individuals who struggle to make ends meet in what is viewed by many as a wealthy, prosperous community. In fact, Boulder County has higher poverty rates than Colorado as a whole, and more than 9,000 children in our community live below the poverty level (defined as just over $24,000 per year for a family of four.)”
Amy and I contribute personally to several of the non-profits that this funding will go to. But, with EFCO, many more people can help. This gift is from Foundry Group and involved all the people (11 of them) who work for Foundry Group, not just the four partners. And, when you go to the EFCO page and see the list of the other 70+ or so companies that are members, you start to get a sense as to the power of the startup community in giving back to the broader community.
To date, Boulder-based startups such as Rally Software, Gnip, Revolv, Mocavo, DocPopcorn, Techstars, and Filtrbox have joined Foundry Group in distributing more than $3.5 million to Colorado community nonprofits since 2007 at the point of exit — when companies are either acquired or go public.
If you are a founder of a company and subscribe to the #GiveFirst motto that is so central to the Boulder startup community, give me a shout if you want to get plugged into EFCO (if you are in Colorado) or Pledge 1% (if you are anywhere else in the world).
I got a random email from Brett Hagler last Thursday asking me to help his startup New Story.
I looked at his web site and quickly told him it wasn’t something we’d be into exploring as an investment. He wrote back immediately, telling me that he wasn’t looking for investment, but had created a non-profit that used crowdfunding to finance and build life-changing houses around the world.
Our mission is to create life-changing stories that transform communities. We’re focused on funding 100 homes in 100 days in Leveque, Haiti.
I looked at the website with a different angle – one of a donor. Amy and I are huge supporter of sites like GiveForward, DonorsChoose and CrowdRise. When I took a second look from that perspective, I got excited about helping Brett out.
I just contributed $1,000 to Fenise and family.
I get asked often by readers of Feld Thoughts how they can do something for me. Let’s band together and build Fenise and family a house. We are only $5,000 away from changing the life of a family in Haiti.
In my role as chair of the National Center for Women and Information Technology (NCWIT), I’ve learned that one of the powerful things men can do in the gender equality discussion is be a male advocate.
This is easy to say, but difficult to do. Recently, there has been some controversy around the role of male advocates and an ensuing debate, not about the core issue of gender diversity, but about how men who are trying to be helpful potentially make things worse through their actions.
As a result Catherine Ashcraft and Wendy Dubow, two of the senior research scientists at NCWIT, wrote an article for Fast Company titled The Tricky (and Necessary) Business of Being a Male Advocate for Gender Equality. After explaining why male advocates are important, they list six specific things that male advocates should consider in the context of being effective, constructive, and helpful.
If you are interested or involved in the discussion and dynamic about gender diversity in tech, I strongly encourage you to read this article. It’s a very helpful one.
There was plenty of Apple news yesterday, but the one that lit me up was the announcement that Apple is partnering with the National Center for Women and Information Technology to help create a broader pipeline of female technology workers.
I’ve been chair of NCWIT since 2006 and have worked closely with Lucy Sanders, the founder and CEO. I’ve learned an amazing amount from her, and NCWIT, about the dynamics around women in information, the challenges we collectively face as an industry, and how to impact it.
While we’ve raised money from lots of different organizations, Apple’s give of about $10 million over four years is the largest corporate gift we’ve received to date. The relationship that Apple and NCWIT have developed over the years is a wonderful example of a large technology organization getting the issue, engaging with it, learning how to impact it, and putting its money where its mouth is.
NCWIT’s goal with this specific funding from Apple is to double the number of four-year-degree recipients supported by NCWIT’s internships, scholarships and other resources, and to reach 10,000 middle school girls over the next few years.
Apple – thank you for your leadership in this area.
Oh – and one more thing. Here’s a photo of this year’s NCWIT Aspirations in Computing award winners. These young women are the future.
Chris Moody, the former CEO of Gnip (now VP Data Strategy at Twitter) is doing a fun fundraising drive for the National Center for Women & Information Technology.
For at least $20, you can take a picture with him. 100% of the money goes to NCWIT. He’ll then blog it.
Yeah – I know it’s a little silly, but that’s Chris. Delightfully silly and huggable Chris.
I contributed $500 to match the first $500 Chris raises for NCWIT. As the chair of NCWIT, I appreciate his, and your, efforts.
For those of you out there who have asked “hey Brad, what can I do to help you”, get your picture taken with Chris and make a contribution to one of the non-profits I care the most about in this world.
A few weeks ago we had a summit for the women execs in our portfolio. About 40 women attended. Overall we identified about 70 women in our portfolio in leadership positions, which I estimate is about 15% of the exec positions in our portfolio.
The event was organized by three of the women – Joanne Lord (until recently CMO at BigDoor, now at Porch), Nicole Glaros (Techstars Boulder Managing Director), and Terry Morreale (NCWIT Associate Director). Like many of our internal summits, the agenda was organically developed and the event was a lightly structured, high engagement day. It was an all female event until 4pm, when I joined for a 75 minute fireside chat followed by a nice dinner at Pizzeria Locale.
This morning I’m heading over the NCWIT annual employee retreat and participating in the first session, which is a retrospective on the past year and current state of NCWIT. I’ve been chair of NCWIT for nine years and am amazed and what Lucy Sanders and the organization has achieved. Personally, I’ve learned an incredible amount about the issues surrounding women in technology and have a handle on what I think are root causes of the challenges as well as long term solutions.
Last night I gave a talk at Galvanize on failure for Startup Summer, one of the Startup Colorado programs. About 10% of the people in the room were women. After almost 90 minutes of talk and Q&A, the last question was an awesome one about the women in the room and what we could do to encourage more engagement by and with women in the startup scene.
About a year ago, we realized that none of our active companies had a female CEO. Today, three of the 58 do: Moz (Sarah Bird), littleBits (Ayah Bdeir), and Nix Hydra (Lina Chen). If you are looking for a percentage on that, it’s 5%.
5%, 10%, and 15% are low numbers. But at least we are looking at them, measuring them, talking about gender dynamics in tech, and taking action around it.
This morning littleBits released their Space Kit. I’ve been on the board of littleBits since last year and am just in awe of what the team, led by Ayah Bdeir, is cranking out. Ayah is an example of an amazing female entrepreneur and CEO. I first met her via Joanne Wilson who wrote about here here. I hope to work with her for a long time.
Seeing the launch inspired me to go dig up a list of resourced for girls learning to code. Ever since I first got involved in National Center for Women & Information Technology, I’ve been deep in the problem of underrepresentation of women in computer science and entrepreneurship. Lucy Sanders, the CEO of NWCIT, has taught me a huge amount about this and I’ve worked closely with her as chair of the organization to try to make a difference around this issue.
I regularly get asked for resources for girls who are interested in learning how to write software. Following is a list curated by Lucy.
While many of these apply to boys as well, it’s a great list if you have a daughter who is interested in learning more about coding. It’s by no means comprehensive – if you have other suggestions, please leave them in the comments.
Girl and Women Specific
Concepts
Learn to Code
Intro to Computer Science
It’s a daily occurrence that a college student emails me asking how they can get involved in the Boulder startup community or any startup ecosystem. This gets me both excited and sad – excited that another young soul is ready to put their energy into the fray and sad that opportunities for them to do so are not readily available or visible to them.
For those students looking to get involved in Boulder and in Denver, I always point them towards Startup Summer, a program out of Startup Colorado.
I like to describe the program as a 10-week immersion program into this startup community. Just as being complete immersed in a culture is the best way to learn that culture’s a language, being immersed in a startup community is, well, the best way to be a part of that startup community. The program does this through placing a cohort of students at various startups as an internship region, giving these students exposure to the top entrepreneurs and mentors, and providing a set of crash courses on entrepreneurship that allows the students to truly understand the discourse. A sample of companies participating are Gnip, TeamSnap, SendGrid, and Revolv. You can find the full list here.
Startup Summer is in its third year. For the first time, there will be two programs – one in Boulder and one in Denver. All the internships are paid. Application close on February 28, 2014 – go get the last few positions while you can.
Oh, and if you’re a company in Boulder or Denver that wants to participate, ping me at brad@feld.com and we’ll see if we can fit you in this year. If not this year, then the next.