Racial Inequities in Funding and Outcomes: The Data on New Orleans Startups – Silicon Bayou News

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By Rob Lalka, Albert R. Lepage Professor in Business and Executive Director, Lepage Center.
To read the 2020 GNO Startup Report, visit gnostartupreport.com.
When we created the GNO Startup Report a year ago, we developed the very first ecosystem-wide dataset on New Orleans startups, leading to important new insights about what it will take to help New Orleans’s early-stage companies grow.  This research effort was widely supported, and then it was widely celebrated.  In fact, AACSB International announced earlier this year that it was one of the 25 best examples of “Innovations That Inspire,” from over 1,700 member organizations globally.
Even so, in public discussions about the data and in private conversations with our partners, we were honest that we’d come up short in year one.  That’s because our dataset didn’t fully represent our region.
We held ourselves accountable, explaining in last year’s report that “In our data gathering we have more work to do to ensure inclusivity.”  We believed that underrepresentation of BIPOC (Black, Indigenous and People of Color) in research is not inevitable, and that such bias in data is, quite simply, unacceptable.  Taking diversity and inclusion seriously matters deeply to all of us at …

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