Only 1% of VC’s are Black, about 1 percent of VC money goes to Black founders, and only 13 black women founders in the entire nation have raised a million dollars or more in venture capital.
Code Fever & Blacktech Week’s first-of-its-kind VC in Residence program, where America’s top VC’s spend a month in Miami advising and guiding Black, Latinx and Caribbean entrepreneurs.
The VC in Residence program incorporates an intensive four-week boot camp, weekly instructor and residentvc office hours, weekly speaker series, and Smashd Code + Culture conference. The boot camp will include virtual classroom participation and in-person development, from our Office Hour investors and entrepreneurs, on how to start and scale a startup.
We believe that in order to unlock new ideas a potential its important to understand a city at it’s best and worst. With no agenda per se this dinner salon is designed for us to get to know the city by listening and providing a space for those who normally don’t connect with each other to connect. The goal for the dinners are to fill it with the most diverse, creative and passionate city influencers in order to create the most radically transparent conversations in the city for that evening. Our conversation design, curated guest list and impeccable food choices make for an evening of amazing discoveries and connections.
Culture & Code led by our Cross Culture VC colleague Suzy Ryoo connect with women executives, founders and influencers in every city we attend. The Boss Women Breakfast connects women who likely have never been in the same room together in a heartwarming experience. Suzy hosts the event with a local female executive and we jointly curate the invite list.
The Ask Me Anything (AMA) format allows Culture & Code to bring in guests from our syndicate to engage with local entrepreneurs around candid and transparent questions about their business. The environment is designed so that the community has an opportunity to learn more about growing their business from our experts. Format includes a panel-style conversation followed by on-stage and individual Q&A.
Culture & Code is about preparing the next generation of young entrepreneurs and we devote 1-2 hours to supporting an organization specifically focused on youth in the community. Example programs include Design thinking labs, Entrepreneurship workshops, hack-a-thons, etc.