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Progress is uneven: Women and multicultural VCs lead the way in terms of attitudes, intentions and action. The discourse around race and equity is raising awareness of the funding gap for diverse entrepreneurs among venture capitalists VCs and is motivating them to prioritize efforts to address the uneven funding landscape, according to a new report and survey released by Morgan Stanley. Its second annual survey of U.

More widespread recognition of the business case for investing in multicultural-founded companies. Higher prioritization of investing in those companies, with VCs reporting that they are taking active steps to increase the diversity of the companies they evaluate. Almost The Forbidden City And 19th Century Merchants recognition that the share of multicultural founders in their portfolio is an important factor in evaluating its diversity. The shift in attitudes remains uneven. Women and multicultural VCs lead the way, while traditional VCs who are largely white and male trail their respective counterparts, in terms of attitudes, intentions and actions.

While showing some improvement since last year, traditional VCs are still less likely than women or multicultural-led VC firms to see the value of investing in companies founded by diverse entrepreneurs. The data also suggests The Boogeyman Limited Partners LPs have room to increase their engagement on closing the gap. Included in the report is a Morgan Stanley playbook for VCs to seize these opportunities and put their capital to work to help boost diversity and access returns from a widely untapped pool of multicultural and women entrepreneurs.

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The full report and survey results can be viewed Fofbidden here. Morgan Stanley NYSE: MS is a leading global financial services firm providing investment banking, securities, wealth management and investment management here. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals.

For more information about Morgan Stanley, please visit www. View source version on businesswire. Media Relations: Mary Claire Delaney, maryclaire.

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