Establishing Conversations and Connection Points for the Plug In South LA Community
As our community navigates the Covid-19 crisis, Plug In South LA is here to help focus on moving forward together effectively. That’s why we’re introducing the Plug In South LA Beat, a regular curation of can’t-miss innovation and technology news.
Each Beat highlights an article that takes a closer look at the current state of funding and investment for entrepreneurs in our community.
We’re kicking things off with an Inc. Magazine piece that dives into the disconnect between the record number of new Latinx entrepreneurs and the funding available for their startups.
“Unless we solve the ‘scaling gap,’ we’re missing out on the opportunity to grow employment and GDP,” writes staff reporter Guadalupe Gonzalez. Continue reading to find out more about this mystery — and what we can do to unravel it:
The Number of Latinx-Run Startups Is Rocketing. Their Funding Is Not. Here’s Why That’s a Big Problem