Great entrepreneurs are great problem solvers, inspiring leaders, and really, really hard workers. If that's you, we want to help you build your company and make a difference.
The CODE2040 Residency, powered by Google for Entrepreneurs, is designed to empower Black and Latina/o entrepreneurs to take their companies to the next level while cultivating diversity in their own communities.
In 2016 we are partnering with tech hubs across the country:
- Capital Factory in Austin
- 1871 in Chicago
- Grand Circus in Detroit
- American Underground in Durham
- COCO in Minneapolis
- The Nashville Entrepreneur Center in Nashville
- Galvanize in San Francisco
We’re excited to partner with these hubs to continue this new approach to supporting and promoting minority entrepreneurship.
Our EIRs (placed in each of the above cities) get support from CODE2040, Google for Entrepreneurs, and from the tech hubs, which are all committed to creating and growing strong, diverse, and inclusive entrepreneurial ecosystems in the cities they call home.
Frequently asked questions
WHAT IS AN EIR?
An Entrepreneur in Residence is an entrepreneur working on the launch of a company of his or her own while simultaneously participating in the integration of the Black and Latina/o technical/entrepreneurial community into their hub. Our EIRs will be based at one of our partner tech hubs and will receive support from their hub, CODE2040, and Google on their two areas of responsibility.
WHAT'S A TECH HUB?
A tech hub is a co-working space at the heart of a tech community. We partner with seven of these innovative spaces for the Residency program. Click on their logos at the bottom of the page more information about each of these hubs.
WHAT ARE THE EIRS' AREAS OF RESPONSIBILITY?
Our EIRs have two areas of focus. First, they will be launching or building a company of their own. Second, they will be moving the needle on a diversity goal for their home tech hub, connecting the local entrepreneurial ecosystem with local communities and talent underrepresented in tech and entrepreneurship.
WHAT KIND OF SUPPORT DOES THE EIR GET?
Each EIR receives:
- a $40,000 stipend (no equity will be taken, however, this is money will be taxed)
- workspace for the EIR and their team in the partner tech hub in their city
- quarterly retreats with CODE2040 for business and diversity initiative support
- a trip to the Googleplex in Silicon Valley for training and networking lead by Google and CODE2040
- mentoring by experienced entrepreneurs in the Google for Entrepreneurs and CODE2040 networks
- support from CODE2040 and the tech hubs on the creation of community impact through diversity, inclusion, and community building events throughout the year
WHAT IS THE TERM OF THE EIR?
Selected individuals for the 2016 cohort will be EIRs for one year, from April 1, 2016 to March 31, 2017.
CODE2040 EIRs must self-identify as a Black or Latina/o; have lived in the city in which they will be an EIR for at least one year; be a founder of an early stage tech venture; be committed to impacting the racial, ethnic, and gender makeup of their local tech sector. You can read more details about eligibility here.
HOW DO I APPLY?
The application for the 2017 cohort will launch in September 2016.
If you have additional questions, please email firstname.lastname@example.org.