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CHICAGO, Feb. 3, 2021 /PRNewswire/ In honor of Black History Month, Bunker Labs has curated a list of Black-owned small businesses in its current Veterans in Residence cohort. Bunker Labs invites the community to support and buy from these entrepreneurs and small business owners during Black History Month and beyond.
Black entrepreneurs and small business owners face disproportionate challenges when it comes to operating a business. According to the
Washington Post, Black business owners apply for credit at a rate 10 percentage points higher than their white peers, but are 19 percent less likely to be approved for financing, and when approved, tend to receive lower amounts compared to their white peers. According to