The Broward College Entrepreneurship Experience, or “BCEx,” and South Florida Tech Hub collaborated to host the 2nd Annual Black Founders Brunch in an effort to bring together black entrepreneurs across the region to support stronger relationships in the back startup community.
The exclusive event was held on Saturday, February 25th at the Beach House in Pompano Beach with approximately 35 startup founders from across all three South Florida counties in attendance.
Rudy Jean-Bart
The guest speaker of the morning was BCEx Faculty Coordinator and Associate Dean (AD) of the Institute of Public Safety at Broward College, Rudy Jean-Bart. He is also the college’s Chair of the Advisory Council for the Advancement of Diversity, Equity, (ACADEI) and Inclusion. The Advisory Council for the Advancement of Diversity, Equity, and Inclusion (ACADEI) oversees the College’s focus across seven areas— accountability, benchmark best practices, cultural competence, communication and discussion, training and education, policy/procedure/practice, and community outreach.
A former African American history professor, Jean-Bart, was exposed to the meaning of activism at a very young age. He has always been at the forefront of issues such as racial equity and social justice, participating as a keynote speaker and panelist in many events. Jean-Bart spoke to the founders on the topic of ‘Generational Trauma to Generational Wealth.’
Jean-Bart closed his speech out by saying, “It is important that people believe in the power and the ability of Black founders.”
This quote resonated with attendees and spoke to the importance of supporting, celebrating, and elevating minority founders as we continue to grow the tech ecosystem in South Florida. As an ecosystem, we must be intentional about inclusion of our founders from all corners of the region ensuring inclusion and overall innovation for the region.
According to a recent Tech Crunch article, “In total, U.S. Black founders raised an estimated $2.254 billion out of the $215.9 billion in U.S. venture capital allocated last year. That’s about 1%, a slight drop from the 1.3% raised in 2021.” It seems like no matter the efforts of organizations across the country working to diversify funding and across all marginalized groups of founders, that black founders continually remain around the 1% mark for funding. This percentage has stayed stagnant even though the overall VC numbers continue to rise.
Queen Davis
Assistant Director of BCEx, Quinella (Queen) Davis, told South Florida Tech Hub that these events are crucial to ensuring strong connections in the black founder community, but also making sure they have connections to industry organizations such as Tech Hub and are able to see themselves in other successful entrepreneurs and leaders such as keynote speaker, Jean-Bart.
“I’d like to give a special thank you to Rudy Jean-Bart for delivering an impactful message, sharing valuable information about generational wealth, and helping our founders discover ways to think differently about the businesses we develop to have an everlasting presence in the tech ecosystem,” stated Davis.
BCEx helps Broward College students, faculty, and staff cultivate their entrepreneurial mindset and turn their ideas into reality by launching high-quality businesses at little-to-no cost. Started in 2018, BCEx began assisting participants innovate, create, and prepare for the future of work through mentorship, coaching, funding, and training.
Participants in BCEx receive support through six main strategies: Campus Accelerators and Events at Broward College, Student Learning at Broward College, the Innovation Hub at Broward College, LaunchBC – the BCEx business accelerator, the J. David Armstrong, Jr. Student Venture Fund, and Partnership Opportunities with Broward College.
The next Ideation Phase cohort is a student-community friendly introduction to the entrepreneurial mindset, customer discovery and business model canvas. Students, faculty, staff and community will develop or refine your business idea by focusing on your customer segment and value proposition while finding your WHY. This 4-6 week virtual program will prepare you for the next phase while helping you articulate a well-developed idea.
To learn more about the next cohort that begins March 21st, visit https://forms.gle/ToscjC3CfTDT6M1k7