Groundbreaking new research has revealed today that businesses with black founders at the helm are most likely to hire diverse teams and self fund their venture.
The research, titled The Black Report by 10x10 in partnership with Google for Startups, found that on average 81% of staff members identified as black, asian or ethnic minority. This is three times the industry standard for the tech industry here in the UK and across the pond in America.
The report is the first of its kind and explores the journey of early stage pre-seed black founders based in London and aims to delve into the stories of black founders, who they are and what hurdles they may face.
This news comes after growing pressure globally for companies to hire more black staff members in the wake of protests against police brutality.
The impressive diversity figures also extend to gender...