The Focus Fund Help Startups Not Run by White Men in Big Cities

By: Meghan Young - Apr 20, 2016
References: & fastcoexist
There is a huge push to help unlikely entrepreneurs make it in the startup community -- and by unlikely, that means those who aren't white men living in big cities. The Focus Fund is one such initiative. It is a new new $10 million fund led by JumpStart Inc., an Ohio-based nonprofit that helps tech entrepreneurs find capital and resources to grow their businesses, for women and minority entrepreneurs. As Fast Company Exist quotes, "Talent may be evenly distributed, but opportunity is not."

The Focus Fund will make investments in about 20 tech startups and yet it is not hoping to become the affirmative action for the startup world. The Focus Fund will widen its horizons to invest in small companies not based in Silicon Valley.