Techstars Champions the Kapor Capital Founder's Commitments In 2018 as part of Techstars ongoing commitment to inclusion and diversity, Techstars will be including the Kapor Capital Founders' Commitments as part of the agreements for all participants in our accelerators. Kapor Capital has "a deep commitment to diversity" and they developed the Founders' Commitment. Kapor Capital officially launched this initiative in January 2016.
The Kapor Capital Founders' Commitments have evolved into a set of four actions known as "G.I.V.E." that all incoming founding teams agree to uphold, and all pre-2016 portfolio founders have the choice to opt into. We see no reason to reinvent the wheel. The Kapor Center has a long history of commitment to inclusion and diversity. We are following their lead.
The Kapor Capital Founders' Commitments have evolved into a set of four actions known as "G.I.V.E." (Goals, Invest, Volunteer and Educate). G.I.V.E. represents the four actions that all Founders' Commitment companies agree to carry out.
We at Techstars have decided to follow their lead in order to ensure that our founders reflect the diversity in the world. We have also decided that as an organization committed to diversity and inclusion that we ourselves must commit to following the Kapor Capital Founder's Commitments. Moveover we believe that by committing to the Kapor Capital Founders' Commitments we are living and practicing the Techstars' Code of Conduct.
In our commitment to transparency in diversity and inclusion, below you will see how Techstars is meeting the four pillars of G.I.V.E.
Establish diversity and inclusion goals that are appropriate for your company's funding stage, employee size, customer base, and core business. Include progress on diversity and inclusion in quarterly investor updates.
Invest in people ops technology (POT), training programs, and/or resources that assist with mitigating bias in the employment life cycle (e.g. sourcing, hiring, promotion).
Organize volunteer opportunities for your employees to engage with underrepresented communities, especially those that reflect the company's customer base.
Participate in diversity and inclusion sessions to learn what works and what doesn't. These sessions will be hosted by Kapor Capital and will be made available for virtual participation as needed.