Scale Up Pitch Challenge
Acknowledging that about 87% of VC-backed founders are White, and less than 1% are Black, Black founders continue to be both overlooked and lack equitable levels of investment, requiring new investment strategies. With many of these founders addressing issues that strongly cater to the fastest growing multicultural segments of trillions of dollars of spending power, it is important that we invest in these businesses in ways that help them scale and continue to grow, becoming sustainable mainstays of our community. Therefore, the National Black MBA Association has created the Scale-Up Pitch competition, which gives these founders an opportunity to receive the social and intellectual capital necessary to secure the financial capital to accelerate their growth through a day of programming, culminating with the selection of the finalists and winners of the Scale-Up Pitch Challenge