Unlocking Innovation: Empowering Underrepresented Entrepreneurs in Interdisciplinary Engineering Technology

In the realm of unaddressed ethnic disparities in the United States, the issue of venture capital funding is often overlooked.Despite their significant presence in the population, Hispanic and Black entrepreneurs receive only a fraction of venture capital investment, which is a stark contrast to their demographic representation.A staggering 77% of venture capital recipients are White, 9% women, and nearly 2% Latino, leaving just a minuscule 1% for African American entrepreneurs (remaining were Asians and Middle Easterners), regardless of their gender or educational qualifications [1].Multiple sources claim an even higher population than 80% of White and approx.1% Black [9,10,11,12,13].This discrepancy is particularly evident in STEM and the burgeoning field of transdisciplinary startups like biotechnology, where interdisciplinary knowledge is increasingly crucial.Consequently, emerging entrepreneurs in these sectors frequently face obstacles in accessing adequate support, a challenge that persists into the 21st century amid fierce global competition for innovation leadership.Recognizing this trend, Congress authorized eligible agencies