When Nigerian-born entrepreneur Charlotte Epée-WillSuN attended startup events in the Twin Cities designed to help business owners grow their ventures, she realized something was missing.
Namely, people who looked like her.
Despite these events showcasing knowledge she said all business owners crave — from strategies for raising venture capital (VC) dollars to negotiating sales and contracts to how to hire, market and develop products — the audience seemed heavily white and male.
"I noticed a severe void in the voice of BIPOC [Black, Indigenous and people of color] founders, both in panelists as well as in attendance," she said. "Anyone who has been to these events, they'll know these events pack a whole load of information. There's a lot of resources, a lot of networking, a lot of VCs that help you scale your business up, and a lot of decision-makers.
"When we're cut out of that, that does nothing but continue to broaden the whole divide."
So after three years of unrequited hope someone would address the issue, Epée-WillSuN took it upon herself to fix the problem. Using her own funds, she launched the inaugural BIPOC Startup Week. It's separate from Twin Cities Startup Week, which typically takes place each year in September with Minneapolis-based nonprofit Beta.MN organizing.
BIPOC Startup Week runs Dec. 7-9 in downtown Minneapolis at the Workbox co-working space inside the Foshay Tower and Finnovation Lab within Finnegan's Brew Co. The three-day program is free and open to the public and will center on topics like attracting investor capital and negotiating contracts. But there will also be entertainment-based events, including a marketplace featuring products by BIPOC-owned companies as well as film screenings and musical performances celebrating various cultures.
While training to support diverse business owners exists in Minnesota and other states, few cater to BIPOC entrepreneurs eager to build billion-dollar corporations, Epée-WillSuN said. Most options are at the beginner level, teaching people how to turn their hobbies into businesses or how to take out loans, she said.