The Rise Of Atlanta’s Reputation As A Black Tech Capital
More and more Black tech entrepreneurs looking for somewhere away from Silicon Valley to jump-start their brilliant ideas are setting up in Atlanta, making the city the fourth fastest-growing market for tech jobs.
Atlanta, now known as the “Black tech capital” according to a USA Today report, has become home for a growing number of top African-Americans weary of coastal hubs that do not reflect America’s diversity.
Atlanta’s potential as the Black tech capital
Dr. Paul Judge, also known as Atlanta’s “Godfather of Tech,” says there are more than 20 Fortune 500 companies, 20 Grammy award-winning musicians and over 200,000 college students in Atlanta — providing opportunities for major disruption of the tech space.
“If we bring those things together in the right way … we’ll surprise ourselves and make something really memorable,” Judge said.
“Atlanta’s just naturally a diverse city, and so long as you can provide access to these opportunities, there will be more people of color,” he explained.
The city, where one in four tech workers are Black, added some 32,000 tech jobs in five years according to a report.
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With just one percent of venture capital dollars invested into Black startups, according to a study by RateMyInvestor and DiveristyVC, there are efforts to ramp up funding for startups in the Atlanta tech scene.
“I see such a big gap for entrepreneurs who are looking (for) and seeking funding (and) that (sic) the thing I really want to go and solve,” Jewel Burks Solomon, founder of Partpic, a startup that makes it easier to identify industrial parts, told 11Alive.