News and Insights | All posts tagged 'Minority'

Posts Tagged 'Minority'

We are pleased to present below all posts tagged with 'Minority'. If you still can't find what you are looking for, try using the search box.

Navigating Gender Bias and Racial Inequity in Entrepreneurship

One of the most glaring manifestations of this double bind is the disparity in funding. According to New Jersey Business Magazine, women of color receive less than 0.2% of venture capital funding, highlighting systemic exclusion. Investors often subject them to heightened scrutiny, questioning their competence and vision while favoring their male counterparts. Studies show that identical business plans are rated lower when attributed to women, particularly women of color unless framed as "innovative." This forces women to overcompensate by emphasizing novelty, a strategy that can be effective but ultimately perpetuates inequity. As reported by the Columbus Dispatch, black women, despite founding 42% of new women-owned businesses, face loan denial rates three times higher than those of white-owned firms.

TAGS: Women Entrepreneurs, women CEOs, gender bias, Minority, minority business owners, mentorships, Black-owned businesses, financial challanges, Lending,

Women and Minority Business Owners Set the Pace for Economic Growth

The National Business & Economic Outlook for the coming 12 months presents a blend of promising growth opportunities and notable challenges. According to the "2024 Women and Minority Business Owner Spotlight" report by Bank of America, over 70% of women and minority business owners expect revenue growth, indicating strong optimism. Notably, minority business owners show increased confidence, with 78% predicting an improved economic environment compared to 2023.

TAGS: Minority, small business, Women Entrepreneurs, financial challanges, funding, Technology, marketing, loans, grants, Crowdfunding,

The Crucial Role of Networks in Accessing Entrepreneurial Capital

Access to capital is often the make-or-break factor that determines whether a promising idea takes flight or remains grounded. While talent, dedication, and a solid business plan are essential, securing funding is a critical hurdle that many aspiring founders struggle to overcome. However, research has shown that the strength of an entrepreneur's personal and professional networks can significantly impact their ability to access capital.

TAGS: entrepreneurship, CEO Club, Minority, business network, Networking, mentorships, Capital, Entrepreneurship, finance, Banking Relationships, CEO Club Event,

News & Insights

Posts Tagged 'Minority'

Navigating Gender Bias and Racial Inequity in Entrepreneurship

Women and Minority Business Owners Set the Pace for Economic Growth

The Crucial Role of Networks in Accessing Entrepreneurial Capital

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