Help Colorwave unlock the american dream for more underrepresented professionals

600+

Fellows Served

$42K

Avg. Annual Income Increase

$15M

Total Est. Economic Impact

Why we need your help

The odds for many underrepresented professionals to transition and thrive within America’s innovation economy are thin. Despite comprising 31% of the US workforce, Black and Latine workers only account for roughly 12% of the tech workforce. The odds are bleaker in the venture-backed ecosystem where these communities account for less than 5% of startup executive leaders and receive, collectively, 2% of venture capital funding. 

Put plainly, the deck is stacked against many underrepresented professionals in this sector. 

Colorwave has been a solution to these problems by creating a virtuous ecosystem of investors, companies, allied leaders, and high-potential, underrepresented professionals committed to disrupting network barriers for hiring and broadening access to careers in the innovation economy that unlock economic mobility and make the American Dream more of a reality. Through our programming, the professionals we serve have a better understanding and support to help them thrive in this sector that continues to generate massive wealth for various stakeholders. 

Colorwave’s programming has supported nearly 600 participants, across 110 cities, and helped generate approximately $15M in economic impact toward closing the wealth gap. 

Despite our enormous impact, we are at a critical inflection point. Labor market turmoil, the assault on DEI and equality for overlooked communities, and election uncertainty have strained our budget and put our critical work in jeopardy. Thus, as we close the year, we are rallying our community to help us close our gap and enter 2025 with strength. This Fall Giving season we have a collective goal of raising $250K to support our programming and you can help us make that happen in a few ways: 

  • Consider giving now or as part of your annual giving. Make your commitment here.
  • Sharing this page with your network or individuals you know that might support this work. 
  • Join our viral campaign on why you believe this work is important. Tell your story here. 

    

Colorwave’s impact is undeniable and we strive to make access to opportunity possible for many more individuals, for years to come. But we can only do that throught supporters, like you!

Large Donation Guidance

If your donation is $5,000 or more, you can also mail a check using the address below. 
Payee Name: The Colorwave Project, Inc. 
Address Information: 
C/O Colorwave2400 C Bancroft Way Berkeley, CA 94704

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