CyberSynchs company founder, Amos Winbush III, recently participated on a panel sponsored by Congresswoman Sheila Jackson Lee for the Congressional Black Caucus Foundation’s annual legislative conference. The panel, entitled: “African Americans: Joining the Leading Edge of the High Tech Boom,” focused on creating opportunities for minorities to become more active in the technology field.
As an extension of the panel, CyberSynchs announced a partnership with Congresswoman Lee to increase minority participation in the technology industry through entrepreneurship. Both parties are committed to raising awareness about opportunities in the technology field.
One of the avenues to increasing minority participation in technology is through education. According to a July 2011 report from the Department of Commerce, STEM jobs are expected to rise by 17%. And those in the STEM field can expect incomes of 26% higher than non-stem workers. Increasing the awareness of STEM education and careers, will certainly lead to entrepreneurship in the field as well.
Additionally, the partnership announcement highlights the fact that unemployment currently stands at 9.1%. While becoming an entrepreneur in a down economy may not seem ideal, now is the best time to offer resources to those interested in becoming entrepreneurs.
A great example is CyberSynchs, which was launched in 2008 at the height of the recession. Company founder, Amos Winbush III, realized a good idea shouldn’t be regulated to an up or down economy. Since launching CyberSynchs three years ago, the company, as well as Amos, has received a number of honors. In 2010, Entrepreneur Magazine recognized us as one of the 100 Most Brilliant Companies. Additionally, Amos was a member of Inc. Magazine’s 2010 class of 30 Under 30, received the Black Enterprise Innovator of the Year Award, recognized as a Game Changer by the New York Enterprise Report, and most recently received the Inspiration Award from Project Enterprise, a New York City organization that supports and develops entrepreneurs and small businesses in under-resourced communities.
There has been a growth of minority tech entrepreneurs as of late. One example includes participants in the NewMe Accelerator. Launched by co-founders Angela Benton and Wayne Sutton, NewMe is a business accelerator for minority led start-ups. Minorities are making strides in the technology field, but participation could be larger.
CyberSynchs has committed a portion of the company’s earnings toward organizations charged with changing communities around the country. We’re also hopeful other entrepreneurs, as well as venture capitalists, will play a part by providing funding to communities to help develop minority tech entrepreneurs.