OVERVIEW

LTX /Connect

The Latinx community has been the backbone of the US economy and projected to be the largest driver of its growth over the coming decade. The US Latinx population has grown 70% since 2000 and drives 75% majority of US labor growth according to Pew Research & Nielsen data.

Yet Latinx are not at parity in the tech workforce, this lack of diversity extends up through the ranks of top executives, entrepreneurs who found companies, and venture capitalists who invest in startups.

Demographic data shows that Latinx are the LEAST represented group across the tech sector. According to the Leaky Tech Pipeline Research by Kapor Center in 2017, only 8% of the total US high-tech workforce are Latinx, 6% of the total Silicon Valley workforce are Latinx, only 3% of leadership positions in tech are held by Latinx professionals.

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Of total US high-tech workforce

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Of total Silicon Valley workforce

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Of leadship position in tech

These numbers of lack of representation are mirrored in the entertainment sector. More specifically, in California, Latinx are 1% of the creators of Technology, yet we are 35% of the population. In Entertainment, we are also 1% of the producers, yet we are 50% of the consumers. We are absent from boards from leadership positions, and we are ready to be included and trusted. Enough is Enough. We are looking to unite with Latinx leaders across industries.

Furthermore, during this pandemic, our community members have been shown to be even more critical in our most-needed, most essential sectors. For many of them working from home was an NOT option. And many of them are still digitally disconnected. This is further impacted, given there is an increase in jobs that require digital skills, yet nearly 60% percent of Latinx workers in the United States have limited to no digital skills. But we will change this – Together.

Opportunity

Having explicit on-ramps into the technology sector is no longer a nice to have, it is a MUST HAVE necessity in these times across ALL zip codes, skill level, sectors. We are in a digital first world. LTX 2020 (namely known as LTX Fest) proved to be the right platform and we are moving to planning for 2021.

Some key highlights of this year:

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Participants across 4 days (5.5x growth from last year) and reinforced key issues & urgencies across digital divide, get out the vote, representation in tech, culturally relevant & responsible tech

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Speakers including America Ferrera, Dolores Huerta, Mayor Garcetti, Cristina JImenez, Stacie de Armas, Steven Wolfe Pereira to name a few

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Tech companies sponsored (2x growth) to make festival financially self

Experience partners came together to co-design (2.7x growth)

Community partners including 20 Latinx small business part of the expo

Pitch competition submissions - 2 winners @$10k each and 1 at $5k each

We are shaping the future

We are shaping the future – however, we need to do it at a larger scale by including those at the fringes, those left behind more drastically given COVID and what is at stake for economic recovery going forward in 2021 and beyond.

This is why LTX Fest 2021 planning has started and we’d love for you to join us in the expansion of LTX as an integrated platform. We are moving to the launch the following integrated segments and would love your collaboration:

We look forward to joining forces with you!

We look forward to joining forces with you to bring over 10,000 Latinx in unity this 2021 to drive the innovation economy forward - Together!

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LTX /Connect

Opportunity

We are shaping the future

We look forward to joining forces with you!

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