Black Entrepreneurs are the Key to Reducing Wealth Inequality
“Recently, my organization the Association for Enterprise Opportunity released a new report: ‘The Tapestry of Black Business Ownership in America: Untapped Opportunities for Success.’ Funded by the W.K. Kellogg Foundation, the report set out to analyze the strength and potential of America’s 2.58 million Black-owned businesses, identify challenges and opportunities facing Black business owners in a variety of industries, and understand how to increase the effectiveness of programs designed to support Black entrepreneurship. We wanted to reframe the conversation about Black-owned businesses to replace negative narratives with the knowledge that there is untapped economic potential and power in America’s black business owners and aspiring entrepreneurs.”