Startup Board Initiative
Overview 2
There is a dire need for more diverse viewpoints in the boardrooms of corporate America.
The Score 3 Startup Board Initiative uncovers diverse board candidates and connects them to our wide-ranging network of tech founders. These experienced corporate leaders partner with companies by taking on the role of board advisor or board director in exchange for company equity.
Become a Board Member
Executives who are also a person of color, female or LGBTQ are invited to apply.
Become a SBI Startup Partner
Founders who are interested in partnering with the SBI to find diverse board advisors are encouraged to apply.
How It Works
Initial Pairing
From the outset, Score 3 works personally with the founders and board candidates. First, we identify the startup needs and skill requirements as we work together to develop impact statements and board-ready resumes for our private, online community. While participants will be able to search the listings themselves, Score 3 will always be available to facilitate introductions and proactively suggest matches.
Board Creation
Even with the creation of a company board, the founders (or founder) of a company will be the primary decision makers. Board candidates will join the company as either a board advisor or a board director. Board directors and board advisors work together to set the strategies and accomplish the goals of the company.
A Logical Entry Point for Diverse Executives
Our initiative offers a logical and effective entry point for diverse corporate executives: acting as board members for early-stage startups with diverse founders whose obstacles, talents, and dilemmas they are best equipped to handle.
Board members can provide input on company strategy, acceptable risks, and priorities. They are valuable sources of warm introductions to new investors, potential employees, prospective customers, or future board members.
In exchange, board members gain experience in the rewarding environment of high-tech, high-growth startups and equity in the company. Together, founders and board members will be able to grow professionally while shepherding the company toward a successful IPO.
Entrepreneurs
At Score 3, we don’t just disrupt marketplaces. We want to challenge the social and cultural status quo of the overrepresented white male business leader.
Our Startup Board Initiative is one effort to champion the careers of people of color, women, and members of the LGBTQ community. Our history of working with diverse tech startups shows that we know the value of recognizing underserved communities and underutilized talent.
We’re familiar with the high-risk, high-stress, and high-stakes business environment of startups. At Score 3, we understand the unique challenges facing diverse founders, and we can pair you with the champions and resources that will allow you to succeed.
The SBI pairs you with seasoned professionals who will help differentiate you from the competition, keep you ahead of the curve, and provide guidance in a variety of specialized areas.
Startup Benefits
With the Score 3 Startup Board Initiative, you will:
• Expand your network of business connections and clients
• Build relationships with seasoned industry professionals
• Fill in the gaps in your company’s strategies and resources
• Learn the skills you need to overcome obstacles and become a successful business leader.
Board Candidate
We are looking for people of color, women and members of the LGBTQ community who have already risen through the ranks of corporate America, founded their own successful corporations, or served on the boards of nationally recognized charities and professional organizations.
Experience in the technology industry is not required, but successful candidates must have the entrepreneurial spirit and financial acumen necessary to help shepherd a startup through its early funding stages.
Most of all, successful candidates must possess a desire to use their fearless work ethic and valuable contacts in the service of promoting the diversification of American business leaders.
By working with Score 3, you can personally change the character of corporate leadership.
Board Advisor Benefits
With the Score 3 Startup Board Initiative, you will:
- Work hand-in-hand with amazing entrepreneurs to invent the technology of tomorrow
- Invest in your financial future by earning an equity stake in the next billion-dollar tech giants
- Develop your board-level leadership experience with promising startups
- Increase your reputation and connections with other diverse leaders
- Build a competitive corporate board resume
- Prepare to meet the need for diverse leaders in America’s top corporations