Values Partnerships and Walker’s Legacy Announce Partnership to Increase Pipeline of Women of Color on Shark Tank
Programming and resources will support the nation’s fastest growing group of entrepreneurs during Values Partnerships’ 2016 diversity casting tour for ABC’s Shark Tank
WASHINGTON, DC (March 28, 2016) – Values Partnerships and Walker’s Legacy, a global woman in business collective named in honor of Madam C. J. Walker, recently announced a new partnership to support women of color in business during Values Partnership’s 2016 diversity casting tour for ABC’s Shark Tank. The announcement was made during the Walker’s Legacy National Power50 Women Summit in Washington, DC on March 26th.
“Walker’s Legacy continues to grow to meet the advanced entrepreneurial needs of the women in our network. Seeing the successes of women of color such as Mikaila Ulmer, founder of Me and the Bees, let’s us know that there is great opportunity to increase the participation and preparation of women-of-color-owned businesses that pitch for investment,” stated Walker’s Legacy Founder, Natalie Madeira Cofield.
At the awards, eleven-year-old Ulmer recounted her experience as a Shark Tank contestant including receiving encouragement and support from Cofield. Since her participation she has successfully received funding from Shark Daymond Johns and was recently awarded a million dollar contract with Whole Foods.
“Participation on Shark Tank, whether successful or not, can help to build the confidence and training founders need to excel. We look forward to providing programming to help more women of color gain this valuable exposure and experience” Cofield continued.
The national partnership will produce programming and educational resources tailored for women of color in business; recognized as the fastest growing group of entrepreneurs, today. Resources will be shared virtually, and at in-person casting calls around the nation.
“The 70 percent increase in female minority-led businesses from 2007 to 2012 kept our economy moving during difficult economic times. The amount of funding secured by these entrepreneurs from traditional sources – such as banks – and private equity sources alike has not kept pace with their growth. Our casting calls are designed to empower entrepreneurs to succeed. We cannot do this without supporting women of color in business. We are proud to partner with Walker’s Legacy to do just that,” said Brandon Andrews, Senior Consultant, Values Partnerships
Values Partnerships is leading a nationwide casting tour supporting minority entrepreneurship and recruiting diverse ideas and voices to pitch on Season 8 of the hit show. Casting calls are planned in local communities in Miami, FL; Austin, TX; New York, NY; Washington, DC; Detroit, MI; San Francisco/Oakland, CA; New Orleans, LA; and Cincinnati, OH.
In-person pitch preparation and local access to capital discussions will highlight a suite of collaborative programming to be developed and released.
Values Partnerships (@VPIConsulting) uses the power of faith-based, ethnic, and community partnerships to solve problems, and change the world. We take on causes and clients we believe in – and then we work to build grassroots partnerships and advocacy campaigns to advance goals, and mobilize customers, constituencies and audiences worldwide.
Walker’s Legacy (@walkerslegacy) is a global woman in business collective founded in 2009 to inspire enterprising women of all ages to walk into their professional passion and purpose. The organization is named in honor of Madam C. J. Walker, the first self-made female millionaire in US history.