Learn how black entrepreneurs are redefining “equity” and launching new ventures for financial resilience, investment, and wealth generation
“Black business ownership, more so than even education, is a tangible pathway for African Americans to achieve economic parity and close the racial wealth gap.”
– Tiffany Howard, UNLV political science professor and recent Congressional Black Caucus Foundation (CBCF) senior research fellow
While business ownership may be a promising path to generational wealth creation for black entrepreneurs, the Kauffman Foundation reports that black entrepreneurs are almost three times as likely as whites to have their profitability hurt by lack of access to capital, and more than twice as likely to be negatively impacted by the *cost* of capital. So how do we ensure that opportunity and support for their financial equity, is equitable itself?
Black entrepreneurs in Houston have been launching new ventures to address these challenges with a systemic approach. Join us to learn from founders Kiley Summers, Phillip Yates, and Tiffany Williams about their startups, the problems they’re working to solve, and how they plan to grow their initiatives and scale their impact for under-represented and underserved entrepreneurs. Who knows: They may inspire you to start your own solutions for equity!
Join us for this Post-Election #CoreConversation with diverse startup and community leaders on The State of Texas, Startups, and Our Union!
In the spirit of bridging communities and building understanding, we are excited to announce our newest #THIS2020 event: “Both Sides: Post-Election Core Conversation on The State of Texas, Startups, and Our Union.”
After the initial conversation among our panelists, we’ll invite questions for discussion on the 2020 election, outcomes and the political landscape that lies ahead.
Topics covered include:
What have the #Election2020 results revealed about American voters and civic engagement?
What has this election cycle revealed about democracy?
How have diverse groups shaped this year’s election?
What trends are impacting local, state and national election outcomes?
What impact will the results have on Texas? Its startups? Our communities?
Meet the organizations that are working towards an intentional, inclusive and international entrepreneurial ecosystem for Houston!
Did you know that although Hispanic business owners represent the fastest growing share of entrepreneurs in the United States, they represent only 3% of those who have scaled?
Hispanics make up nearly 44% of the population in Harris County, making them the largest ethnic group, and make up about 38% of small business owners are in the Greater Houston area, a figure that doubled within the last five years. These enterprises cover a wide range of industries including professional services and hotel and restaurant ownership, but when it comes to resources and funding to Latino entrepreneurs, relative to other demographic groups, the Small Business Administration shows this ethnic group have the lowest loan funding for their enterprises.
Researchers agree there is a great need for resources and access to support for Hispanic entrepreneurs. Join us for this diverse and international panel to learn from several organizations who are working to do just that, with a variety of entrepreneurial, training and upskilling programs that bridge cultural and opportunity gaps.
HOUSTON, (August 27, 2019) – The Cannon and Impact Hub Houston are excited to announce their new partnership to create more inclusive and diversity-centered programs across the Greater Houston area.
Impact Hub Houston, a member of the global Impact Hub network—the world’s largest community dedicated to helping social entrepreneurs create impact at scale—aims to make Houston a role model for how the world solves its most pressing issues. With collaboration as a cornerstone, Impact Hub Houston and The Cannon will work together to deliver events that connect and empower diverse changemakers, social entrepreneurs, and impact supporters across the Greater Houston area.
The Cannon recently welcomed nearly 500 of Houston’s most accomplished entrepreneurs, small businesses and service providers into their community with the opening of their newly-constructed 120K sq. ft. Main Campus in West Houston in late July. Lawson Gow, Founder and CEO of The Cannon, notes, “One of Houston’s best differentiating qualities is that we are truly a melting pot. We want our community to reflect the amazing diversity across our city, so we have to move beyond simply discussing diversity and work to create an environment where innovation can thrive and real change can happen. We are confident Impact Hub will be the perfect partner to bring those aspects to our community.”
Grace Rodriguez, CEO and Executive Director of Impact Hub Houston, shares, “Over the past few years, Lawson and I have brainstormed how we could work together to connect and grow our region’s innovation ecosystem, and demonstrate how organizations can evolve from competition to true collaboration. I’m so excited that those talks have developed into this partnership: Through The Cannon and Impact Hub Houston, we’ll be able to effectively ‘meet people where they are’ geographically, socially, and culturally, helping diverse entrepreneurs and startups at the myriad intersections of place, purpose, demographics, psychographics, and business growth stages. We at Impact Hub Houston look forward to doing more good with the great team at The Cannon!”
Impact Hub Houston will establish a #PopHUB at The Cannon – Main Campus and provide programming there, at The Cannon – Post Oak just west of the Galleria, and at additional new locations as they open. Members of each organization will also receive access to both organizations’ locations across Houston.
To kick off the partnership, the organizations will host a joint AMA panel and reception at The Cannon on September 11, 2019, followed by Impact Hub Houston’s Social Entrepreneurship Meetup. Both events intend to bring their communities and the general public together, as all are invited to come learn more about the organizations, the partnership, and what this and future collaborations will mean for Houston.
About The Cannon (https://thecannonhouston.com)
The Cannon is a coworking space and entrepreneurship hub located at the center of the 32-acre Founders District on the west side of Houston, just north of Interstate 10 and Beltway 8. Currently, there are over 200 companies in The Cannon community working at The Cannon – Main Campus, a brand new 120K square foot converted warehouse that is one of the largest coworking and offices spaces in the world, and at The Cannon – Post Oak, the first of many satellite locations that will allow for even more flexibility and resources for Houston’s entrepreneurs. The Cannon plans to headquarter over 800 of Houston’s most accomplished entrepreneurs, startups, and small businesses, and will be surrounded by service providers and resources geared to help their businesses grow.
About Impact Hub Houston (https://houston.impacthub.net)
Impact Hub Houston is a locally rooted, globally connected, nonprofit startup development organization that aims to make Houston a role model for how the world solves its most pressing issues. A member of the Impact Hub global network—the world’s largest community recognized by the United Nations for accelerating entrepreneurial solutions towards measurable and scalable impact for the Sustainable Development Goals (SDGs)—Impact Hub Houston intentionally designs places, platforms and programs to build an inclusive innovation ecosystem and empower diverse changemakers, social entrepreneurs, and impact supporters to create the change they wish to see in the world.