Raising capital is an arduous task for any entrepreneur, but throw in a female founder who’s also African-American, and the task becomes that much more difficult.
With less than 1 percent of the more than $40 billion in venture capital funds raised each year going to Black female founders, it’s no wonder so many struggle to get their startups off the ground while an average $1.3 million is given to the traditional white male founded businesses. Kristina Jones, entrepreneur and co-founder of tech business Court Buddy, is a breath of fresh air, however, as she’s the 14th ever Black female founder to raise $1 million or more for her start-up, according to Forbes.
NATIONAL MUSEUM OF AFRICAN AMERICAN HISTORY & CULTURE | WASHINGTON, DC
The National Museum of African American History and Culture is the only national museum devoted exclusively to the documentation of African American life, history, and culture. It was established by Act of Congress in 2003, following decades of efforts to promote and highlight the contributions of African Americans. To date, the Museum has collected more than 36,000 artifacts and nearly 100,000 individuals have become charter members. The Museum opened to the public on September 24, 2016, as the 19th and newest museum of the Smithsonian Institution. (Website).