Black Girl Magic Summit to Empower and Equip Women of Color

The COVID-19 pandemic and recent events surrounding racial injustice have spotlighted health and economic disparities faced by women and people of color. The world is experiencing a unique moment in time, and it’s more critical than ever to create community, share resources and plan for the future. That’s why Capital One is honored to team up with Boss Women Media, a national organization dedicated to educating and empowering professional Black women and other women of color, to host the second annual Black Girl Magic Summit, taking place virtually on August 15 and 16.

At Capital One, we know that our differences make us stronger – more innovative, more nimble, and more resilient. We remain steadfast on cultivating solutions based on financial, physical and emotional well-being. And we understand that by investing in the financial, physical and emotional well-being of women of color, we are one step closer to building an equitable society that works for everyone, especially in times of uncertainty like the one we are experiencing today. 

“We recognize the contributions women of color have made in breaking down barriers and achieving success within business, community and at home,” said Celia Karam, Chief Audit Officer at Capital One. “We’re honored to work alongside Boss Women Media to bring women of color together to discuss how best to navigate through adversity and prioritize well-being in times of crisis. Understanding that when women come together under a shared purpose, like the Black Girl Magic Summit, innovative solutions are sure to follow.” 

Creating Community, Sharing Resources and Planning for the Future

Women, and especially women of color, often experience gaps in leadership opportunities and access to business capital among other barriers. The Black Girl Magic Summit will focus on educating, empowering and equipping women in times of hardship and opportunity. 

“According to a recent study, last year, 1,817 women-owned businesses launched every day in the United States. Among those businesses, 42 percent of them were started by Black women,” said Boss Women Media Founder and CEO, Marty McDonald. “Our mission is to create a space for Black women, and empower them as leaders in communities across the country. We are especially proud to partner with Capital One as they continue to support our mission and serve as an ally by helping women in their financial lives. I know this unique online event is a catalyst for hope and action for so many.”

Attendees will experience two-days of interactive programming, featuring keynotes, thought-leadership panels, workshops, and opportunities to virtually network with like-minded women. Throughout the summit, a number of Capital One women leaders and partners will lend their voices to inspire attendees to continue breaking barriers while navigating these uncertain times. Topics will range from how to evolve your mental well-being in times of crisis to creating inclusivity in our communities and workplaces and more.

Attendees will also have an opportunity to participate in a Capital One-sponsored competition, where five finalists will pitch their business ideas during a live event to a panel of judges, including Dr. Jennifer R. Jackson, Shavonne Gordon, Maureen Jules-Perez and Joy Brown. From there, three businesses will go home with $25,000, $15,000 and $10,000 grants.

This partnership with Boss Women Media is one way Capital One is continuing to demonstrate our support for Black communities, providing the space and resources for people of color to achieve success, and further advocating for their vibrant futures.