The UK’s Black and Multi-Ethnic communities comprise 14% of the UK population, yet all-ethnic teams received an average of 1.7% of the venture capital investments made at seed, early and late stage between 2009 and 2019. For black women – it was 0.02%.
Libra is dedicated to empowering and connecting underrepresented tech founders, equipping them with the knowledge, connections, and tools necessary to scale their tech startups.
The Libra programme serves as a springboard for founders, fostering an environment of openness and intimacy. It provides a platform for genuine conversations about the unique challenges and experiences faced by underrepresented founders, as well as the keys to success in their entrepreneurial journey.
The programme offers a range of resources, including industry expert-led workshops, tailored content, peer-to-peer support, and valuable coaching sessions. Additionally, participants gain access to funding opportunities and connections with investors and mentors.
*Underrepresented founders are members of the Global Majority but are visible ethnic minorities in the UK. This includes: Black, South Asian, East Asian, Latinx or Arab and those with mixed ethnicity.
Applications for Libra 2024 are closed. Please pre-register your interest for Libra 2025 here. We will notify you when applications open. (Our programmes are free to join)
Who can apply
Check the application criteria here >
- At least one founder that self-identifies from an ethnic minority (Black, South Asian, Latinx, East Asian and Arab). This member must have a majority/equal equity stake in the business.
- Must be headquartered in the UK.
- Must be a digital tech enabled business with a product or service.
- Seed to pre-Series A funding stage. If bootstrapped, the maximum annual revenue must be below £1.5m.
- A commitment to community – be able to demonstrate a willingness to support their founder community.
- Proof of impact – the company must be working on a venture that has a positive socio, economic or environmental impact.
The Diversity & Inclusion Toolkit
Actionable insights and guidance to help founders build diverse and inclusive companies.
The toolkit covers areas including HR & People, Operations, Funding, Product, Sales, Customer Success & Marketing.
“Black founders should recognise the value you get from Tech Nation’s programmes, from gaining access to networks of entrepreneurs, skilled operators and investors. Most importantly, you could leave the programme with more customers and traction if you maximise the experience.”Andy Ayim MBE, Founder
Angel Investing School
“There isn’t a pipeline problem, there is a social and financial capital allocation problem. For female founders, the ecosystem is five years behind the current status quo, and for black and ethnic minority founders, the ecosystem is 10 years behind. Programmes like Libra will help to hopefully narrow the gap.”Tom Adeyoola, CEO & Co-Founder
Metail & Extend VC
“I was delighted that Manageable was selected to be part of The Libra Programme in 2022. We all took a lot from the experience. It was inspiring to collaborate with other founders, share successes and support each other through challenges. The expert-led group coaching sessions were a fantastic way to learn and reflect, especially when running startups can be so frenetic.”Farley Thomas, CEO & Co-Founder