minority entrepreneurship Archives

Next Time You Think the Cards Are Stacked Against You, Think of Sarah Breedlove

The following is reprinted from "Platform: The Art and Science of Personal Branding" Copyright (c) 2019 by Cynthia Johnson. Published by Lorena Jones Books, an imprint of Penguin Random House LLC. Sarah Breedlove is considered...

byCynthia Johnson

February 22, 2022

Minority, Women Entrepreneurs Find More Opportunity in Franchise World

Barbara Brixton believed she had two strikes against her as she planned her business career: She is a woman and she is African-American. What’s more, she knew she wanted to do something in the food...

bySteve Friess

February 7, 2022

15 Grant Programs for Minority and Women Business Owners

Grant programs offering free money are hard to come by, which is why many entrepreneurs frequently end up applying for small business loans or try crowdfunding to start or expand their companies. However, many organizations...

byMarcia Layton Turner

November 21, 2021

Life of Purpose: Detroit’s Monica Wheat Strengthens Startup Ecosystem with Equality and Inclusion

A strategist, educator and venture developer, Southfield native Monica Wheat has dedicated her career to venture capital, but what truly sets her apart is her dedication to improving Detroit’s startup community and making it more inclusive...

byJeff Sloan

October 11, 2021

WJR Business Beat with Jeff Sloan: Huntington Bank Announces Major Financing Initiative to Detroit Region (Episode 242)

On today's Business Beat, Jeff discusses Huntington Bank's $1 billion commitment to minority-owned businesses in Detroit and Wayne County. Huntington just completed the acquisition of TCF Bank, making Huntington the 25th largest bank in the...

byStartupNation

June 17, 2021

Why Investing in Minority-Owned Startups is Key to Unlocking Innovation

Despite being a critical force in the future of the U.S. economy, people of color are disproportionately hurt by lack of access to capital. While diversity and inclusion initiatives are en vogue in Silicon Valley,...

byDiane Yoo

April 28, 2021

Grant Program Announced for Black Women-Owned Businesses in Detroit (and How to Maximize Your Chances of Securing Relief)

Small businesses make up an astounding 99.6% of Michigan businesses and 49% of the state’s employees—that’s 1.9 million people. Since the onset of the pandemic, these businesses have been forced to endure a tumultuous journey...

byGiuseppe Salamone

March 13, 2021

Third Shift Entrepreneur: Keep Your Day Job, Build Your Dream Job

The following is excerpted from Todd Connor’s book, "Third Shift Entrepreneur," published by Wiley, released in September 2020. Find more information here: https://thirdshiftentrepreneur.com” StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here Foreword...

byTodd Connor

September 29, 2020

WJR Business Beat with Jeff Sloan: Minority-Owned Businesses Hit Hardest by Pandemic (Episode 96)

As we reported on yesterday's Business Beat, concern over a potential secondary wave of closures is high among startups and small businesses that have already had to temporarily close their small businesses as a result...

byStartupNation

August 6, 2020

WJR Business Beat with Jeff Sloan: TCF Bank Announces $1 Billion Loan Program (Episode 89)

Yesterday afternoon, TCF Bank unveiled its $1 billion loan commitment for minority- and women-owned small businesses. This announcement comes just a few months after the company pledged to take a stand in order to fight...

byStartupNation

July 24, 2020

WJR Business Beat with Jeff Sloan: John Gallagher Offers Key Takeaways from Day 1 of Detroit Startup Week (Episode 79)

On this morning's WJR Business Beat, Jeff shares insights from John Gallagher, former Detroit Free Press columnist and noted author, who provides key takeaways from the first day of Detroit Startup Week. Tune in to...

byStartupNation

June 24, 2020

How Hispanic Entrepreneurs are Making an Impact in the Startup Community

As of 2018, the U.S. Hispanic Chamber of Commerce reported that about 4.4 million Latino-owned businesses in the U.S. contribute more than $700 billion to the economy annually. A briefing from Geoscape noted that Hispanic-owned...

byDeborah Sweeney

October 13, 2019

What Diverse Founders Must Do to Combat Funding Bias

It is no secret that the funding world has a diversity issue. As an industry, a recent analysis found that 70 percent of the venture capital industry is white. The study also noted that just...

byKyle Stoner

August 2, 2019