CTA Announces $10 Million Fund Commitment to Women, Diverse Founders and Diverse Leadership Teams
LAS VEGAS–(BUSINESS WIRE)–The Consumer Technology Association (CTA) announced today at CES®
– the world’s largest and most influential tech event – that CTA will
invest $10 million in venture firms and funds focused on women, people
of color and other underrepresented startups and entrepreneurs.
“To continue to evolve and grow, the tech industry needs more equal
access to venture funding,” said Gary Shapiro, president and CEO, CTA.
“Various research reports indicate diverse teams make better decisions
and achieve greater profits. At CTA, this is one more tool we are
deploying to help promote diversity in the technology industry.”
“The U.S. needs to invest in a diverse talent pool to capture great
ideas and innovation and help birth more ‘unicorn’ companies,” said
Tiffany Moore, senior vice president, political and industry affairs,
CTA. “CTA is committed to this investment and will work with
established funds and fund managers who focus on women, people of
color and other underrepresented groups.”
About CES:
CES® is the world’s gathering place for all who thrive on the
business of consumer technologies. It has served as the proving ground
for innovators and breakthrough technologies for 50 years-the global
stage where next-generation innovations are introduced to the
marketplace. As the largest hands-on event of its kind, CES features all
aspects of the industry. Owned and produced by the Consumer Technology
Association (CTA)TM, it attracts the world’s business leaders
and pioneering thinkers. Check out CES
video highlights. Follow CES online at CES.tech
and on social.
About Consumer Technology Association:
Consumer Technology Association (CTA)™ is the trade association
representing the $398 billion U.S. consumer technology industry, which
supports more than 15 million U.S. jobs. More than 2,200 companies – 80
percent are small businesses and startups; others are among the world’s
best-known brands – enjoy the benefits of CTA membership including
policy advocacy, market research, technical education, industry
promotion, standards development and the fostering of business and
strategic relationships. CTA also owns and produces CES – the world’s
gathering place for all who thrive on the business of consumer
technologies. Profits from CES are reinvested into CTA’s industry
services.
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CES
Asia 2019
June 11-13, 2019, Shanghai, China -
CES
Asia 2019
June 11-13, 2019, Shanghai, China
Contacts
Sarah Brown
703-907-4326
sbrown@CTA.tech
www.CTA.tech
or
Justin
Siraj
703-907-7415
jsiraj@CTA.tech
www.CES.tech
