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Program seeks to boost number of Latina, black female entrepreneurs

Program seeks to boost number of Latina, black female entrepreneurs

Posted by PanamericanWorld on September 02, 2015

Since its launch in April 2011, the Pipeline Fellowship program has provided women of ethnic minorities with the tools they need to attain success in the fields of business and investment.

"There's a difference between the net worth of Latino women and of white women, as well as a lack of networking possibilities and models to follow," Natalia Oberti Noguera, founder and CEO of this angel investing bootcamp for women that offers six months of training, told EFE.

A study taken last year by the Center for Venture Research showed that in the United States, just 26 percent of angel investors are women, while only 8 percent of them are from ethnic minorities.

Since its founding, Pipeline Fellowship has provided more than 100 women from ethnic minorities with training and counseling by a team of mentors and experts like Lauren Maillian, founder and president of Luxury Marketing Branding, and Carol Curley, executive director of Golden Seeds.

The program urges participants to take the leap and start their own businesses, while teaching them how to spot investment opportunities and how and where to get financing for their projects.

To gain acceptance for the training program, candidates must fulfill requirements that include a passion of philanthropy and social change, interest in the group learning model and obtaining a certificate as an authorized investor.

Applications for the program beginning in the fall of this year will be accepted until Sept. 4.

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