How Do get Funding for Your Black-Owned Business

Screenshot_2020-08-28blackbusinessyoutube-GoogleSearch(1)

[Black Business]
Cosmopolitan: “Research suggests that many things limit Black people from starting and growing businesses, including educational barriers, student loan debt, financial status, and access to investors, according to Brookings Institution.”
Photo:

If a lightbulb went off in your head and inspired you to start a business, good for you. Now, all you need to turn that brilliant idea into a reality is a fat wad of cash.

Sound, um, challenging? Well, I hope you’re not going to let a less-than-ideal bank account stop you from entering the magical world of entrepreneurship.

Of course, if you’re also a woman or a person of color, money may not be the only thing stopping you. Black Americans in particular have been historically underrepresented in this space, accounting for 12 percent of the entire U.S. labor force but only 9.4 percent of business owners, according to the Chamber of Commerce.

Research suggests that many things limit Black people from starting and growing businesses, including educational barriers, student loan debt, financial status, and access to investors, according to Brookings Institution.

Read the rest of the story here: https://www.cosmopolitan.com/career/a33754374/funding-for-black-owned-business/

Leave a Reply

Your email address will not be published. Required fields are marked *