Total investments for female startup founders amounted to only 2.2 percent of venture dollars raised in 2018, according to Fortune Magazine; for black entrepreneurs, that number was just above 1 percent. W.E. Cornell and Black Entrepreneurs in Training, a pair of recently launched Cornell groups, aimed to change this current state of affairs.
Drawing lessons directly from the South African anti-apartheid revolutionary, Ndaba Mandela will speak at 5 p.m. on Oct. 12 in Kennedy Hall’s Call Auditorium to commemorate the 100th anniversary of his grandfather Nelson Mandela’s birth. Zachary J. Shulman ’87, J.D. ’90, director of Entrepreneurship at Cornell, said that attendees of
the event can expect to learn about Ndaba’s efforts to promote economic development in Africa through entrepreneurship. Shulman said that Ndaba will also speak about his desire to partner with programs and institutions outside of Africa, such as Cornell University. “He’s clearly going to bring a lot of energy and excitement,” Shulman said.
Have an idea or interested in creating a startup? Rev Ithaca may have the resources to help you succeed. Located at 314 E. State St., Rev Ithaca is a local business incubator that offers mentorship programs, workspaces and networking events to help entrepreneurs realize their ideas. Ken Rother, director of Rev Ithaca, discussed how the non-profit helps first-time entrepreneurs. “One of the main ways we help entrepreneurs is through mentorship.
This summer, the annual Summer Incubator Program and pitch summit of the Life Changing Labs at Cornell elevated eight student startup companies to the next level through industry professional-led workshops, lectures, mentorships and seed funding.