Our Impact
Out of a total venture funding pool of
$161.6 billion
given to U.S companies in 2020, underrepresented women entrepreneurs received only $1 billion in venture funding,
of venture capital compared to their white counterparts.
less than 1%
Despite having lower household incomes than their white counterparts
the Harvard Business Review found that
​
​
​
self-fund their total start-up.
61% of underrepresented women
She started Black Girl Ventures in 2016 in a house in southeast DC with about 30 women. They came together, and decided to put money in a hat and have a pitch competition. Four women pitched, everyone in the audience got to ask them a question, and they voted with marbles and coffee mugs. If they liked the pitch, they would put their marble in their coffee mug. She figured that if women do not have access to capital, then we can collectively do something about it.
OMI's Why
On average
​
​
of BGV alumnae have received investments in comparison to .0006% of underrepresented women on a national level.
18.18%
Since inception BGV has served our
​
​
​
​
​
​
directly through BGV programming and community resources.
18,000 underrepresented Women Founders
are connected and engaged through our BGV Connect and social platform groups.
5000+ Founders
We’ve additionally held over
co-working sessions since 2020.
150
Over the past three years,
BGV has directly supported
​
​
through our core programs
5000
Founders
and supported
​
​
​
through ongoing tools, education, and peer community access.
6,859
BGV has held over
competitions
50+
that have funded over
underrepresented women founders
450
$10M
that reflect over
in revenue
created over
jobs
3000
to improve economic well-being across of all or communities.
8000+ Families
supported
In 2022, BGV NextGen ushered in the next generation of student visionaries nationwide activating over
200 applications
over 17 states, 46 HBCUs, and conducted over 80 interviews to get to the 50 student visionaries with over
amount of capital dispersed for the 8 week accelerator and the pitch competition.
$200,000
In 2022, our monthly Customer Discovery Blitz (employee engagement) supported over 600 entrepreneurs with a pipeline of direct mentorship and customer feedback. Partners:
​
​
​
​
In 2022
We received more than
applicants to participate in the Pitch Program.
700
Curated
founder profiles to share across BGV social media and other platforms.
50
Raised and disbursed
directly to founders via our Pitch Competition.
$1,354,371
