How Hard is it for Minority Businesses to Get Funding
It's harder than ever for minority businesses to get funding from venture capitalists and investors. Allie and Michelle discuss why and how this happens, as well as some "magic wand" solutions for how it could be resolved. Episode Links Venture Capital for Black Entrepreneurs Plummted 45% in 2022 For Black Entrepreneurs, the Racial Wealth Gap Makes Finding Funding Nearly Impossible Main Street's Minority Owners Need Loans to Grow, But Access to Capital Remains Inequitable Why Black Entrerpenuers Struggle to Secure and Receive Funding and Investment Grants Yelitsa Jean-Charles and Healthy Roots Dolls Time Stamps [01:20] Contest winners announcement [03:59] Celebrating 10,000 downloads [06:10] The challenges for minority entrepreneurs to find funding [18:33] The phenomenon of ideas being stolen [21:08] Ending on a positive note