White residents in New York City make up close to 32% of the population but almost 70% of New York City-based nonprofit CEOs (Source: 2018, NPCC). Brooklyn based nonprofit Represented Foundation announces new partnership with Warby Parker to advance their work closing the diversity gap in social impact leadership. With the contribution of $50,000 from the eyewear brand, Represented Foundation will launch the fourth and largest cohort of its incubator (Vision. Execution. Results or V.E.R.) for 15 Black and Latinx social entrepreneurs running mission-driven organizations in New York.
Over the course of five months, fellows in the incubator receive (10) business development courses, mentoring, executive coaching, and access to Represented Foundation’s curated panels and networking opportunities. Participating entrepreneurs will grow new companies serving New Yorkers in one of four program areas:
“This partnership with Warby Parker is major. Too often, when we talk about investing in Black and Brown communities, we don’t talk about social impact leaders and their contributions. Emerging leaders, especially those who draw from their own lived experiences to create nonprofits and social enterprises deserve someone to invest in their potential now, not after they've raised their first million in funding. These leaders deserve to be seen, heard and taught by a community that looks like them, --this funding is helping us do exactly that,” says Noel McKenzie founder and Executive Director, Represented Foundation.
"It is important now more than ever to take concrete action and invest in opportunities that increase diverse representation across all industries. Since day one, social innovation has been at the core of Warby Parker and partnering with Represented Foundation is a fundamental next step to continue to provide meaningful support to Black and BIPOC entrepreneurs. We are excited to team up with Represented Foundation to help bring the next iteration of this program to life, with opportunities for our own Warby Parker team members to share insights and provide mentorship to V.E.R participants," says Dave Gilboa, co-founder and co-CEO of Warby Parker.
To date, 19 Black and Latinx leaders have gone through the V.E.R. incubator and launched 15 new social enterprises in NYC. The latest cohort will begin in April ‘21 with applications being accepted February 1.
For more information on applying or volunteering visit www.RepresentedFoundation.org