When the BUILDUP team (Kristina Omari, Christian Anderson and myself (Wayne Sutton) set out a year ago to form BUILDUP we initially set a goal of raising a fund, launching an accelerator and angel investment group for underrepresented groups in tech. To start with brand awareness and community outreach we started hosting fireside chats with investors and tech panels called BUILDUP Events.
We have held 9 educational technical events that covered topics such as how to raise money for your startup, how to pitch your startups, how to find a cofounder, tech trends and tech culture. BUILDUP has partnered to cohost 5 events with other diversity and inclusion established organizations such as Kapor Center For Social Impact, CODE2040, Galvanize, if(We), Rainbow Push Coalition and YesWeCode. BUILDUP has reached hundreds of minorities tech founders offline in Silicon Valley, San Francisco, and Oakland and millions via our website and social media.
While studying the tech landscape, various business models, getting feedback from our advisors and partners we decided to form a non-profit. Additionally BUILDUP identified the need for a pre-accelerator model for underrepresented groups to provide access, education and capital.
Today we’re pleased to announce that BUILDUP is now non-profit organization with tax-exempt status under section based 501(c)(3) of the United States Internal Revenue Code.
As a 501(c)(3) non-profit we know we have best positioned BUILDUP for success and impact to achieve our goals to support and create more successful empower underrepresented entrepreneurs around the world!