Dec 07, 2016 12:23 PM EST
White House Enhances Inclusive Entrepreneurship [Video]
The White House announced new and expanded platforms to improve inclusion and diversity within the start-ups. It focuses on investment, higher education, and entrepreneurship. Schools, tech companies, and schools pledged diversity commitments. This shows that the Obama administration passes the main responsibility to the private sector.
The American Society for Engineering Education is creating best practices in diversity and inclusion for more than 200 member universities. These participating schools have committed to foster diversity in their engineering programs. More than 30 investment firms and accelerators have committed to diversify access to capital. Xerox and Taskrabbit and 46 other tech companies have joined the Tech Inclusion Pledge. Thee latter have agreed to publish diversity metrics and recruitment goals.
That's a lot of commitments to keep track of. But the White House has pushed for many years to get the tech industry to step up and tackle its diversity problems, and, as diversity is unlikely to be a primary concern for the incoming Trump administration, the private sector is challenged to take responsibility for addressing the problem, as reported by Tech Crunch.
Tom Kalil, White House Office of Science and Technology Policy deputy director shows that firms have high diversity and have a greater probability of being successful. Diversity results to lots of innovation as people come from different backgrounds.
The White House has served as a bridge between companies that seeks advice and institutions like the National Center for Women & Information Technology and Code 2040. This act shows the advocacy of President Obama regarding entrepreneurship.
Obama's current administration has advocated the cause of entrepreneurship. This has been implemented nationwide but Obama has specifically concentrated on Silicon Valley start-ups.
Kalil reiterated why Obama focuses on entrepreneurship. The administration believes in the significant role of entrepreneurship in creating jobs.
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