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The Diversity Commitment

by Intentional

Diversity is good business

It opens doors to talent, innovation and better return on investment. However, today we are not nearly exploiting that potential. That is what the Diversity Commitment is about. To commit with others to increase the diversity in the companies of tomorrow.

The Commitment signed

We, the Committing Partners believe that equal access to funding and opportunity for all founders, will unleash untapped potential to the benefit of all.

We therefore commit to
Measure and track representation on gender and report annually to The Diversity Commitment on Internal Operations and Investment Processes, including deal flow. As an option we can also measure, track and report on nationality, age and educational level & background.

We commit to publicly share progress and learnings on our commitment in the press and on social media. We also commit our organizations to be available for interviews on the change and progress.

Within 3 years of this commitment all undersigning participants will aspire to have:

INVESTMENT PROCESS

  • Max. 80% of startups added to investment portfolio with a male-only founding team
  • Max. 80% of money for new portfolio startups are to be invested into male-only founder teams

ACTIVE PORTFOLIO

  • Max. 66.67% gender homogeneity in management team and board respectively – within min. 70% of the portfolio companies

INTERNAL OPERATIONS

A diverse team mix including:

  • Max. 66.67% gender homogeneity in the entire organization/team
  • 66.67% gender homogeneity in the investment team
  • Max. 75% gender homogeneity in the partner group
  • Max. 70% gender homogeneity in the Collective or Business Angel members where applicable

OTHER COMMITMENTS

  • To create an action plan on how to reach the goals
  • Intentionally redesign work processes for diversity
  • Proactively promote a diverse pool of role models
  • Participate actively in ecosystem activities with the goal of motivating more female founders entering the deal flow
  • Seek speaker and jury member engagements in events with a high level of diversity
  • Add goals on diversity beyond gender based on learnings from the annual Diversity Commitment report

Creating continous improvement: Regardless of starting point, all Committing Partners will proactively seek to create continous improvement in regards to the goals.

Become a member

The Team behind the report

At The Diversity Commitment, we unite individuals from diverse backgrounds to develop data-driven, intentional, and inclusive solutions, ensuring we build the best possible future.

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Become a member

We are always happy to hear from you. Send us a message to learn more about The Diversity Commitment by Intentional and how to become a member.

We are looking forward to hearing from you.

© THE DIVERSITY COMMITMENT by Intentional 2024