TechStars Foundation will fund organizations boosting tech diversity

International accelerator TechStars has spent the year working towards integrating company practices that prioritize philanthropy. In March, the company took a pledge to donate one percent of equity to community causes through a partnership with Pledge 1. Now TechStars has married its philanthropic initiatives with diversity by introducing the TechStars Foundation. The non-profit arm of TechStars, which launched earlier this week, is designed to help fund what founder David Cohen described to TNW as “meta impact” on the tech industry. Cohen gave examples of the organizations that the TechStars foundation sees as models for this kind of funding, including Black Girls…

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