Small business startup loans for minorities can be a critical funding source to help entrepreneurs from historically underserved communities start a new business or grow an existing business.
Category: MBE Resources
How Minority-Owned Businesses Can Thrive During (And After) Covid-19
If you’re a small business owner struggling to keep your company afloat, here are a few tips, from my team to yours, to help your company emerge from the pandemic stronger and more agile than ever.
Building A Diverse and Capable Workforce from The Bottom Up
Integrating a lean philosophy into operations and standards seems to be a natural fit for NMSDC’s MBE community, which is using lean practices to be more innovative and responsive to customers.
Diversity, Equity, and Inclusion in a Changing Country
Adrienne Trimble knows the future is all about minority-owned businesses. The former general manager for diversity and inclusion at Toyota Motor North America sat down for a conversation about diversity in business.
Tools to Help Black Businesses Stay Open
The unfortunate reality is that far too many Black-owned businesses entered this crisis undercapitalized and under-resourced. Through our own research, we know that businesses in predominantly Black and Latinx communities have significantly lower cash liquidity than businesses in predominantly white communities.
It’s Time To Help Black-Owned Businesses
It’s no overstatement that Black-owned U.S. businesses are in a state of crisis due to the economic fallout from the coronavirus pandemic. From February to April of this year alone, 440,000 Black-owned businesses closed their doors permanently, with thousands of jobs and millions of dollars in worker income lost.
Small business toolkit: 7 resources for Black-owned businesses
While 7% of White business owners get a loan in their first year of business, only 1% of Black business owners do so. There are, however, resources available for Black-owned businesses. Here are seven that can help, especially amid the pandemic.
10 Small Business Grants for Minorities in 2020
There are many grants available for minority-owned businesses. Find out how you can take advantage of these grant programs to start or grow your business.
Resources for Minority-Owned Businesses
Staying afloat is difficult for any business. For minority-owned businesses there are the added challenges: systemic disadvantages when it comes to access to resources such as small business loans, and almost-daily (if not daily) prejudice.