Cascades Ventures was created out of everyday conversations with six Georgia Tech friends made up of first-generation college students, engineers turned consultants, change drivers, and problem solvers. We were compelled to solve the issues and gaps that plague the Black + LatinX communities: wealth divide, health divide, and digital divide. Cascades is bridging those divides by investing, building, and working with change agents to change our communities.
The name Cascades Ventures is derived from our goal to cascade wealth to the next generation of investors and founders while paying homage to a historical, predominantly black, and affluent neighborhood, Cascade Heights, in the city where we all met.
Cascades Ventures is about working with our community, in our community, to change our community.
What's in a name:
We are committed to building a network to support the advancement of three focus areas:
Eliminating the Black-White Wealth Gap is a Generational Challenge American Progress
The racial wealth disparity is at an all-time high. Creating generational wealth begins by pooling assets and investing in asset classes that support our communities.
The wealth divide explores wealth disparities between Black and white communities exacerbated by the lack of access to equivalent income, wealth-building vehicles, and education.
Disparities begin at birth, even before. Black women are three to four times more likely to die from pregnancy-related causes than white women. Centers for Disease Control and Prevention
Health access inequality has continued to plaque Black + LatinX communities. Innovation is more critical now than ever before and solutions must come from the community, for the community.
The Health Divide explores the ways in which persistent disparities and inequities shape health in this country, with a focus on the role played by social factors outside of the doctor's office.
"Digital racial gap could render the country's minorities into an unemployment abyss,"says Deutsche Bank