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Colorintech, UK’s first diversity platform for tech sector launches

2 Aug , 2016  

Colorintech, the UK’s first diversity platform designed to connect talented new recruits from ethnic and gender minority backgrounds to UK tech companies and start-ups, launched last month in London.

The non-profit organisation, was founded by Silicon Valley executive Don McKenzie, alongside Miranda Brawn, Chris Gordon and Ashleigh Ainsley.

Colorintech will be lobbying homegrown and foreign tech firms with a UK presence to disclose more data about the diversity of their workforce and encourage a more transparent approach to the issue.

There is currently no detailed information on the overall levels of diversity in the tech and innovation industry in the UK, althought reports suggest that less than 5% of workers in the country’s tech sector are from ethnic and gender minority backgrounds, in comparison to 38% of working age BAME individuals working at American Tech companies.

BAME individuals make up 13% of the UK population and 19% of applicants for higher education, but are under represented across both senior and junior levels in the technology sector.

Chief Executive Officer Dion McKenzie said, “Our mission is to create pathways of success for underrepresented minorities in the innovation economy.

“We want to elicit change among companies, making them realise that a more diverse workforce is not just a moral imperative but it makes business sense as it leads to better financial performance.

“Research shows that companies in the top quartile for gender or racial and ethnic diversity are 35% more likely to have financial returns about their respective national industry medians.

“It’s clear therefore that developing and supporting talent from all backgrounds must become a key factor for companies wanting to succeed in the long-term.”

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