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Empowering the 98%: The Conscious Collisions Summit Dares to Challenge the Status Quo

The Institute for Entrepreneurial Leadership (IFEL) is poised to showcase transformative change at its upcoming Conscious Collisions Summit 2025, running from March 25-27, 2025. This virtual event marks the seventh gathering of its kind, previously known as the WOCCON Summit, and it's set to unify a diverse array of thought leaders. From investors and policymakers to entrepreneurs and advocates, the summit will tackle the pressing issues that hinder progress within the entrepreneurial ecosystem, aiming to foster a more inclusive environment.

The theme of this year's summit, "Beyond the 2%", highlights some disconcerting truths: less than 2% of venture capital is allocated to Black and Brown founders. In addition, a mere 2% of angel investors identify as part of these communities, underscoring a glaring representation gap. Jill Johnson, CEO and Cofounder of IFEL, emphasizes that this summit seeks to spotlight the 98% of talent and potential being overlooked by the existing system. She states, "This summit is about harnessing the untapped capabilities of a vast pool of innovators and entrepreneurs who are not traditionally supported by current funding structures."

Key Highlights of the Conscious Collisions Summit

1. Panels that Inspire Action:
- The Rocky Road to Success: Focused discussions on personal journeys and the challenges faced by entrepreneurs from marginalized communities.
- Insights from the 98%: Sharing stories and perspectives of entrepreneurs whose experiences remain largely unrecognized.
- Being an Ally - Listen, Learn, Make a Difference: This panel will delve into how established entrepreneurs can support emerging talent from underrepresented backgrounds.
- Show Her the Money: A film screening followed by a discussion that explores the financial hurdles faced by women and minority entrepreneurs.
- Investor Inclusion - Why Who's Writing the Checks Matters: A critical conversation on the importance of inclusion at the investment level.
- Government for the People: A focus on how public policy can bring about substantial reforms in supporting diversity in entrepreneurship.

2. Engaging Experiences: The summit aims to create a dynamic atmosphere through a crowdfunding showcase, lively virtual mixers, and intimate discussions that foster meaningful connections among participants.

3. Keynote Speaker: Esteemed entrepreneur Maxine Clark, founder and former chief executive of Build-A-Bear Workshop, will share valuable insights. Clark's journey embodies the tenacity and creativity that shape successful entrepreneurs, making her an influential figure for aspiring business leaders.

Johnson notes that by emphasizing the 98%, the summit is equipped to devise more pathways toward achieving the American Dream. “Together, through this summit, we aim to spotlight visionary ideas, foster inclusive solutions, and draw attention to the innovators and investors reshaping the narrative,” she adds. “When more individuals find success, the entire community benefits.”

For those keen on participating, detailed agendas and speaker information are available at creatingconsciouscollisions.org.

About IFEL

The Institute for Entrepreneurial Leadership (IFEL) is dedicated to honoring the power of relationship capital within the entrepreneurial landscape. Since its inception in 2002, its mission has revolved around dismantling the systemic hurdles that have historically hindered access to networks, knowledge, and capital for marginalized groups. Each year, IFEL endeavors to assist over 10,000 businesses and engage with approximately 600 investors and 2,000 volunteer experts. For more information on their initiatives and work, visit weareifel.org.

The Conscious Collisions Summit 2025 is an embodiment of IFEL's commitment to driving systemic changes in entrepreneurship. By focusing on the potential of the 98%, IFEL is not just pioneering conversations; it’s ultimately setting the stage for a brighter, more inclusive future for all entrepreneurs.