{"id":5516,"date":"2023-07-18T09:52:13","date_gmt":"2023-07-18T09:52:13","guid":{"rendered":"https:\/\/mysourcefunding.com\/funding\/embracing-diversity-how-companies-are-championing-founders-in-2023\/"},"modified":"2023-07-18T09:52:14","modified_gmt":"2023-07-18T09:52:14","slug":"embracing-diversity-how-companies-are-championing-founders-in-2023","status":"publish","type":"post","link":"https:\/\/mysourcefunding.com\/?p=5516","title":{"rendered":"Embracing diversity: how companies are championing founders in 2023"},"content":{"rendered":"
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What\u2019s in a (top 100) list? The Empower 100, Startups 100 and beyond<\/h2>\n

The financial strain experienced by underrepresented founders arises from various factors.\u00a0<\/span><\/p>\n

Deep-rooted systemic inequalities, biases, and a lack of diverse networks have historically disadvantaged women, ethnic minorities, and disabled entrepreneurs.\u00a0<\/span><\/p>\n

These individuals encounter difficulties in securing the necessary capital to scale their businesses, perpetuating a cycle of limited growth opportunities and reduced access to resources.\u00a0<\/span><\/p>\n

Without adequate funding, underrepresented founders struggle to develop robust growth strategies, enhance their leadership skills, and become investment-ready, further widening the financial gap.<\/span><\/p>\n

Highlighting these indexes, awards and lists is one crucial step in emboldening historically under-appreciated business founders and giving them their time in the spotlight.\u00a0<\/span><\/p>\n

Both the Empower 100 and our own Startups 100 present opportunities for underrepresented founders. For example, let\u2019s take a look at how both awards have different eligibility requirements and how each might work to your advantage.<\/span><\/p>\n

Eligibility<\/h3>\n

To <\/b>apply for Empower 100<\/b>, you must:<\/b><\/p>\n