DIVERSITY, EQUITY & INCLUSION
Fighting systemic barriers to equality
Create Impact's mission is guided by the United Nations' Global Goals for a better world by 2030. We are a Women-Led Organization of Changemakers who believe that funding diversity initiatives is an important step towards promoting equity and inclusion.
FUNDING DIVERSITY ROUNDTABLE
May 1, 2023
Create Impact's founder, RACHEL CARLSEN, joined Featured Changemaker, AXEL TILLMANN, at Pitch Global's 'FUNDING DIVERSITY ROUNDTABLE' that took place during the Milken Institute Global Conference.
The “Funding Diversity Roundtable” featured leaders in Diversity, Equity and Inclusion (DEI), and included presentations from Samir Mehta (IBM's Diversity, Equity and Inclusion Program), Trish Halamandaris (Director, UCLA Anderson Venture Accelerator), the National Black Entrepreneurs Project, and the California Inclusivity Fund, among others.
Pitch Global is led by Kaustav Chaudhuri (KC Wisdom) and Axel Tillmann, with the vision that entrepreneurs need a platform to present their innovations in front of a qualified investor audience.
Create Impact was founded by Rachel Carlsen, a certified public accountant with more than 30 years of experience, with a mission to empower diverse and socially conscious entrepreneurs through its Changemakers campaign.
The “Funding Diversity Roundtable” was the first of many planned collaborations between the partners to address unequal access and provide encouragement for starting and funding ventures by Brown and Black, Latinx, and Women entrepreneurs.
Funding diversity initiatives is an important step towards promoting equity and inclusion. The event’s primary goal was to help investors set clear goals and metrics, monitor and evaluate initiatives, work with diverse stakeholders, foster accountability, and make investments into capacity building. By taking these steps, funding diversity initiatives can be more effective in achieving their intended results; promoting equity and inclusion and addressing systemic barriers to equality.
We are a Diverse Network Community of Entrepreneurs, Investors, Business Leaders, Celebrities, and Humanitarians BRIDGING THE GAP between Philanthropy and Capitalism
What does that mean?
WE HELP DEVELOP SOCIALLY CONSCIOUS ENTREPRENEURS WITH DIVERSE BACKGROUNDS
> Large Company Resources and Training in Entrepreneurship so that Socially Conscious Entrepreneurs can be More COMPETITIVE and More EFFECTIVE
> Business Planning and Access to Capital
> Strategic Tax Planning and Marketing Resources
> Accounting Services, Budgeting, and Forecasting overseen by a CPA with 30 years of experience
> Access to a NETWORK OF EXPERTS who will Help Level the Playing Field in Today's World
Why do we do it?
The future is Conscious Capitalism and it MUST include Diversity, Equity and Inclusion.
As a 501c3 nonprofit organization, we are uniquely positioned with a network of partnerships and training platforms to help startups prepare for investors committed to FUNDING DIVERSITY.
Diversity, Equity, and Inclusion addresses un-equal access and encouragement for starting and funding entrepreneurial ventures, for certain parts of society, Brown and Black, Latinx, and women. We must change this.
Funding diversity initiatives is an important step towards promoting equity and inclusion, but it is true that without proper checks and balances, the funds may not achieve the intended results. Here are some ways to improve and extend the effectiveness of funding diversity initiatives:
Set clear goals and metrics: It is essential to have clear goals and metrics that define what success looks like for the diversity initiatives. This will help to ensure that the funds are being used in a targeted and effective way.
Monitor and evaluate: Regular monitoring and evaluation of the initiatives can help to ensure that they are on track to meet their goals. This will also help to identify any areas where the initiatives may need to be adjusted to achieve the desired results.
Work with diverse stakeholders: It is important to work with a diverse range of stakeholders, including the communities being served by the initiatives, to ensure that the initiatives are meeting their needs and addressing the root causes of inequality.
Foster accountability: Foster accountability by setting up systems to track the impact of the initiatives and report back to donors and stakeholders. This will help to ensure that the funds are being used in the most effective way possible.
Invest in capacity building: Investing in capacity building can help to ensure that the organizations implementing the diversity initiatives have the resources and skills needed to achieve their goals.
Address systemic barriers: In addition to funding diversity initiatives, it is important to address the systemic barriers that contribute to inequality. This may require a more comprehensive approach that goes beyond funding alone.
By taking these steps, funding diversity initiatives can be more effective in achieving their intended results, promoting equity and inclusion, and addressing systemic barriers to equality.