4 ways that tech accelerators can increase diversity and inclusiveness


Technology accelerators provide entrepreneurs with access to seed capital, business relationships, guidance and office space. Over the last 18 months, three accelerators have opened in Newark with great fanfare. The investors and corporations that have funded these accelerators have been praised for being committed to Newark’s revitalization.

The individuals behind the accelerators have expressed their understanding of the importance of racial and gender diversity among the entrepreneurs with whom they’ll be teaming. Tom Wisniewski, who is the managing director of venture capital fund Newark Venture Partners, said that his firm will “look to support a diverse set” of entrepreneurs, “including women and minorities.”

While there’s talk of diversity, the truth is that less than 5 percent of the teams that are admitted into Newark’s accelerator…



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