8 stories from MIT Sloan about building an inclusive innovation economy

An innovation economy seems to be a good thing. The combination of technology and entrepreneurship to drive economic growth should support everyone in a society.

Except no. Women and people of color are often excluded from participating in and reaping the benefits of America’s innovation economy. In the United States, only 2.4% of venture capital goes to all-female founding teams and only 1% to black entrepreneurs. And the promise of American equality is threatened by a system in which white economic privileges are accumulated through racial capitalism, the red line, and access to elite educational institutions.

Throughout the 2020-2021 academic year, MIT Sloan hosted conversations on how to turn the innovation economy into an inclusive innovation economy. The conversations featured leaders in entrepreneurship, innovation, finance, public policy, higher education, and more. Together, they prescribe ideas and actions that everyone can use to make a difference in their own community.

Summaries and key points from each intervention, as well as videos of the discussions, are available in the articles below. Find all the videos on the MIT Sloan Alumni YouTube channel.

Five ways elite universities can be more inclusive

The best schools in the country admit more diverse student populations. How can they be more welcoming?

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Three mayors to build more equitable cities

The mayors of Boston, Chicago and San Francisco discuss efforts to promote fairness in housing, income and city contracts.

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Education and the racial gap in the tech industry

How leaders in industry and government can help make technology a realistic career path for everyone.

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New stories and policies for diverse entrepreneurship

To bridge the opportunity gap in entrepreneurship, policymakers need to be honest about who is successful and why.

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4 steps to financing models for entrepreneurs of color

To build new funding models, start by examining how exclusion has been incorporated into current models.

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How Banks and Investors Can Support Diverse Entrepreneurs

Expanding access to capital for women and entrepreneurs of color requires deliberate, concrete action, not optics.

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How to raise an inclusive community of entrepreneurs

Access matters as much as capital, so uplifting others along the way is crucial.

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In Boston, a lack of access for minority entrepreneurs

From venture capital to city contracts, opportunities are limited for minority-owned businesses in Boston.

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