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Tag: small businesses – NBC Los Angeles

For Black Women Entrepreneurs, Access to Resources is as Crucial as Cash

For Black Women Entrepreneurs, Access to Resources is as Crucial as Cash Feb 08, 2021 By just about every measure, Black women are the most entrepreneurial demographic group in the U.S. Yet companies led by women of color CEOs score far less than 1 percent of all venture capital funding. The numbers don’t add up, and in a very unfair way – leaving many black women entrepreneurs scrambling to find other sources of financing. The encouraging news is that more companies realize they can play a role in reversing inequities rampant across the U.S. economy. They also understand that action requires more than writing a check and issuing a public proclamation that they stand with women of color.

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