London VC Fund Impact X Has 100 Million Pounds to Jump Start Minority-Led Businesses

The video discusses the establishment of Impact X, a venture capital firm focused on supporting underrepresented entrepreneurs, particularly in Europe. It highlights the challenges faced by minority and female entrepreneurs in securing funding and the need for discovering untapped opportunities. The video also covers research initiatives to understand biases in investment and the importance of networking and outreach to broaden Impact X's influence. Global perspectives on inequality and examples of successful funding initiatives are also discussed.

What is the primary mission of Impact X?

• To support underrepresented entrepreneurs

• To invest in technology startups

• To provide loans to small businesses

• To focus on real estate investments

Why is it important to discover 'hidden gems' in the investment world?

• To avoid competition

• To reduce investment risks

• To ensure high returns for investors

• To follow market trends

What trend was observed in investments in companies founded by women in 2019?

• No change compared to the previous year

• A decrease compared to the previous year

• A significant rise in investments

• An increase compared to the previous year

What study is being commissioned to understand the investment gap in minority-led businesses?

• A study by Harvard University

• A study by Oxford University

• A study by Stanford University and London Business School

• A study by MIT

How much is Impact X investing to support underrepresented entrepreneurs?

• £100 million

• £200 million

• £50 million

• £500 million

What disparity did Senator Elizabeth Warren highlight regarding African American entrepreneurs?

• They start businesses with more capital than white entrepreneurs

• They receive more government support

• They start businesses with less capital than white entrepreneurs

• They have equal access to venture capital

What initiative did the City of Oakland undertake to support marginalized entrepreneurs?

• Offering free business workshops

• Providing tax incentives

• Establishing a loan fund

• Setting up a venture capital fund