Economic inequality is on the rise. Conversations on economic empowerment have been ongoing for decades, particularly in communities of color. Check out this article to learn about why we should support minority entrepreneurs to promote economic empowerment.
Capital access remains the most important factor limiting the establishment, expansion and growth of women-owned or minority-owned businesses. Given this constraint, the current financial environment has placed a greater burden on women entrepreneurs and minority entrepreneurs who are trying to keep their businesses thriving in today’s economy. Check out this article to learn the difficulty of accessing capital for women and minority business owners and take steps to increase chance of getting the best available funding.
Every year, the federal government purchases approximately $400 billion in goods and services from the private sector. The government uses small business set-asides to give the small business owner an opportunity to compete for and win these federal contracts. Check out this article to learn about the various set aside programs available!