“Black business ownership, more so than even education, is a tangible pathway for African Americans to achieve economic parity and close the racial wealth gap.”
– Tiffany Howard, UNLV political science professor and recent Congressional Black Caucus Foundation (CBCF) senior research fellow
While business ownership may be a promising path to generational wealth creation for black entrepreneurs, the Kauffman Foundation reports that black entrepreneurs are almost three times as likely as whites to have their profitability hurt by lack of access to capital, and more than twice as likely to be negatively impacted by the *cost* of capital. So how do we ensure that opportunity and support for their financial equity, is equitable itself?
Black entrepreneurs in Houston have been launching new ventures to address these challenges with a more equitable approach centered on first principles. Join us to learn from Kiley Summers, Phillip Yates, and Tiffany Williams about their startups, the problems they’re working to solve, and how they plan to grow their initiatives and scale their impact for under-represented and underserved entrepreneurs. Who knows: They may inspire you to start your own solutions for equity!
Co-Founder & Executive Director, Impact Hub Houston