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STATEMENT ON RACIAL EQUITY

#BLACKLIVESMATTER

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by Andreas Stillman in Uncategorized
June 3, 2020

Last updated on: April 30th, 2021.

Innovation is a process to improve the human condition. While we aspire to see this hold true, the reality is that the human condition of many in our global communities are subject to systemic racism that has been present for centuries and not yet adequately addressed. At the Venture Café Global Institute (VCGI), we believe in and we stand with global movements working hard to eradicate systemic racism.

Racial equity is achieved when life outcomes can no longer be predicted based on the color of a person’s skin. We have a lot of work to do.

The VCGI Racial Equity Action Plan addresses three areas within the organization and we are committed to doing more. These areas of focus will be included in our annual public impact report, we will benchmark the organisation and progress swiftly.

  • Platform: We are committed to using our platform to amplify and align with underserved voices. We will use this platform to convene groups dedicated to ending racial inequity and improving social justice. Moreover, we will use this platform to build bridges with those organizations and groups not yet doing the work, with a goal of expanding the racial equity with social justice conversations and encouraging others to take action. Social justice innovation is innovation, but should be done with intentionality and collaboration.
  • Policies: Venture Café teams participate in Anti-Bias Anti-Racism (ABAR) training as part of ongoing development. All members of the VCGI network are commitmented to racial equity and social justice in their hiring practices, partnership commitments, and programming expectations.
  • Purse: A commitment to racial equity and social justice is part of our sponsorship/partnership agreements. We need our funding partners to be aligned in this effort. Additionally, we will examine the organization’s spending/procurement and develop a process that creates more opportunities for underserved business owners and leaders . We will target 25% spending allocated to support businesses owned by or led by members of historically under-represented groups by 2022.

A racist system can’t simply be repaired; it must be dismantled. VCGI is intent on building a better, more just society where everyone belongs and feels safe.. We invite others to join us in this effort. Join our café communities all over the globe to discuss ways we can collectively drive toward racial equity and social justice.

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