VCFamilia Issue - Issue #32: 🎊 Celebrating the leaders in our communities

06 Oct • Read in: 8 minutes

We love celebrating the wins of our members, especially during Hispanic Heritage Month. We saw lots of press highlighting founders and funders over the last week that we are excited to amplify.

Some other things we cover this week are raising money for Puerto Rico, the fast approaching pitch competition for Hispanic Heritage Month, and the increase in institutional commitments to diverse GPs. Dive in and find out more below.

Celebrating our Community Leaders

Members of our familia are getting well deserved recognition for their work and commitment to the Latinx startup community. We are excited to share some of those articles with you.

Shoutout to co-founder and board member, Cheryl Campos, on recognition in Crunchbase, Hispanic Executive, and Entrepreneur.

We're excited to showcase leaders that are paving the way to provide better access to opportunity for aspiring Hispanic and Latine leaders.

If there’s anything Cheryl Campos doesn’t like, it’s being put in a box. 📦

As a model and venture capitalist, she’s touched many different professional… | 20 comments on LinkedIn

Entrepreneur's annual celebration of the women leaders influencing their industries, defining our culture, and reimagining our future.

Pitch Competition Deadline EXTENDED

We have extended the deadline for the Hispanic Heritage Month Pitch Competition to October 10th.  Don't miss this opportunity to win $50k equity-free cash. If you’re a Latinx founder or if you know a stellar Latinx founder, make sure to share this information with them.

Are you following us on social media?

Stay up to date on the latest in our comunidad by following us on Twitter and LinkedIn. We post regularly about jobs, events, and ways to stay connected IRL with other VCF members.

🇵🇷 Matching Donations for Puerto Rico

Did you know that much of the island of Puerto Rico is still without power? Our hermanos in Puerto Rico are in need of our support after the devastating hurricane, Fiona. VCFamilia will match donations up to $10k to support the people of Puerto Rico.

Use this form to submit your donation and we will match dollar for dollar up to $10k. We will be equally dividing our matching donation to the following organizations:

More Institutional Commitments to Latinx GPs

To help achieve true equity, we need more Latinx GPs and many institutions announced this week that they are doubling down on diverse fund managers. Announcements went out this week from the likes of Bank of America, JPMorgan, and Amazon. The commitment of additional funds proves the thesis that diverse managers deliver on returns. By putting the money in Latinx GPs, we can fund more founders from our community.

Felicidades to members of our familia who have already gotten investment from these institutions, like Act One Ventures, Visible Hands Ventures, and Ulu Ventures. We love to see it!

The fund itself is part of its broader $1.25 billion racial equality and economic opportunity effort.

Business has an important role to play in advancing the transition to a low-carbon economy. JPMorgan Chase is committed to helping our clients navigate the challenges and capitalize on the long-term economic opportunities and environmental benefits of progressing toward a low-carbon world. We are applying our capital, data, expertise and other resources to help address climate change and promote long-term, innovative solutions for a more sustainable future. 

Amazon.com Inc is investing in outside venture capital funds for the first time, saying on Wednesday it planned to hand $150 million to firms that are backing underrepresented founders.

Special Note from our Founding Sponsor, SVB

SVB Startup Banking is a team of former founders, operators, and investors passionate about supporting founders on their path to success. Beyond banking, we work with early-stage pre-seed and Series A startups to help them navigate the challenges of funding and scaling from Day 1. While there are many Startup Banking teams at SVB, the New & Strategic Channels team is specifically focused on working with ecosystem partners like Founder Familia and VCFamilia to help close the access and opportunity gap for underrepresented founders. We’d love to learn more about what you’re building and how we can help. Please reach out to us here.

Do you have something you want us to promote?

We’d love to feature content, events, and WINS of our members and partners. Email us at [email protected] and we can include it in our next newsletter.