ACCORDING TO THE WALL STREET JOURNAL, IN 2014, OF THE $23 BILLION IN SMALL BUSINESS ADMINISTRATION LOANS, BLACK BORROWERS RECEIVED JUST 1.7%. IN THE SAME FISCAL YEAR, LATINX BORROWERS RECEIVED JUST 4.7%, AN 85% INCREASE FROM 2009.

ACCORDING TO "PROJECT DIANE", OF 10,238 VENTURE DEALS FROM 2012 TO 2014, ONLY 24 WENT TO BLACK WOMEN.

ACCORDING TO THE NATIONAL CENTER FOR SCIENCE AND ENGINEERING STATISTICS (NCSES) OF THE NATIONAL SCIENCE FOUNDATION, HISPANIC MEN AND WOMEN ACCOUNT FOR A COMBINED 6% OF SCIENTISTS AND ENGINEERS WORKING IN SCIENCE AND ENGINEERING OCCUPATIONS, AND BLACK MEN AND WOMEN ACCOUNT FOR A COMBINED 5%. COMPARE THIS TO A COMBINED 67% FOR WHITE MEN AND WOMEN. OVERALL, MEN ACCOUNT FOR 71% OF SCIENTISTS AND ENGINEERS, WHEREAS WOMEN ACCOUNT FOR 29%.

ACCORDING TO THE US CENSUS, HARLEM IS 44.47% BLACK AND 33.82% LATINX. THAT MEANS ALMOST 80% OF HARLEM'S POPULATION HAS ACCESS TO 6.4% OF LOANED CAPITAL. BECAUSE HARLEM'S POPULATION IS ABOUT 54% FEMALE, ABOUT 24% OF HARLEM'S POPULATION HAS ACCESS TO .2% OF RAISED CAPITAL. ALMOST 45% OF HARLEM'S POPULATION MAKES UP 5% OF SCIENCE AND ENGINEERING JOBS, AND ABOUT 34% OF HARLEM'S POPULATION MAKES UP 6% OF SCIENCE AND ENGINEERING JOBS.

These facts illustrate a gap.

The large majority of resources (e.g. capital, jobs, etc.) in tech and entrepreneurship are allocated to a small minority of people. While women and people of color are historically ostracized from the larger STEM and entrepreneurial conversation, we are confident that marginalized groups will succeed because of their diversity, not in spite of it.