Topics Under Tag: "Minority Entrepreneurs"

Entrepreneurs of Color Fund

Entrepreneurs of Color Fund Expands to the Bronx and San Francisco

Anne Field | February 26, 2018

Building on the track record of its Entrepreneurs of Color Fund in Detroit, JPMorgan Chase is expanding the program to the Bronx and San Francisco. The two new loan funds, totaling more than $5 million, will provide much needed capital and technical assistance to minority-owned small businesses. San Francisco and New York City’s tech startups are hardly struggling. But […]

Bay Area Black owned Business

Helping Dollars Circulate in African American Communities

Rani Langer-Croager | August 21, 2017

August is Black Business Month. But we would be honored to run this interview with YaVette Holts any month of the year. Holts is founder of  the Bay Area Organization of Black Owned Businesses (BAOBOB), a network for black-owned businesses and customers who want to keep dollars circulating within the African-American community. BAOBOB’s directory lists […]

As Regulation Crowdfunding Turns One, Progress For Women and Minority Entrepreneurs

Locavesting Staff | May 16, 2017

As its first full year draws to a close, Regulation Crowdfunding is making progress in breaking down barriers to capital for a wide range of entrepreneurs. But the flow of capital to women, minorities and rural entrepreneurs who stand to benefit the most from the new law is still just a drop in the bucket. […]

Black business owners

A New Accelerator Sets Black Business Owners up for Success

Sarah Trent | March 30, 2017

The wealth disparity between Black and White Americans is widely documented—Black households across the country average about one tenth the median net worth of White households. In Washington, D.C., that gap is more like a chasm: White households have a net worth 81 times greater than the District’s Black households. The reasons for the national […]

From Doorman to Venture Capitalist by Age 24. Meet John Henry

Amy Cortese | March 27, 2017

When I first met John Henry—at a startup party, fittingly enough—he had recently sold his first business and was launching Cofound Harlem, a startup incubator in the historic upper Manhattan neighborhood. He possessed an infectious charm and energy, which might have been chalked up to youthful naiveté. But Henry, now a partner with Harlem Capital […]

minorities crowdfunding

Minorities Lag in Crowdfunding, Study Says

Locavesting Staff | February 20, 2017

Women and minority entrepreneurs have long been at a disadvantage when it comes to raising seed and growth capital for their ventures. That’s one reason why there was so much excitement about the JOBS Act. By cutting out the gatekeepers and allowing entrepreneurs to appeal directly to their communities and the general public, investment crowdfunding […]

As Population Becomes More Diverse, Funding Options Grow

Amy Cortese | January 19, 2016

The gorgeous mosaic that makes up the U.S. is becoming more so. African-Americans, Asian Americans and Hispanics collectively account for 38% of the U.S. population, and are expected to surpass 50% by 2044. And the Millennial generation is not only large, it is the most racially diverse in the nation’s history. This multi-culti melting pot […]

Why We Need More Entrepreneurs of Color

Amy Cortese | November 4, 2014

Buy local. Support local business. These are the rallying cries that community-boosters use all the time. When you spend money at a local business, the theory goes, more of that money circulates in the community, supporting other local businesses as well as charities and boosting the local tax base. Except when it doesn’t. Maggie Anderson, […]