Supporting minority and female-owned businesses leads to a stronger economy and stronger communities through competitive innovation, job creation, and generational wealth-building.

The entrepreneurs we work with are not only looking for the next big idea; they’re inspired by their own communities to solve the challenges they see. Now more than ever we have a collective responsibility to support communities in building a more equitable economy.

  • The average amount of startup capital for Black entrepreneurs is $35,205 compared to $106,720 for White entrepreneurs. Only 1% of Black business owners secure a business loan in their first year.

  • When private tech companies are run by women, they have a 35% higher return on investment than those that are run by men, yet women only receive 7% of venture funding.

  • Minority-owned businesses have grown by 35% in the last decade, but their average gross receipts have decreased by 16%.

  • Major banks approve around 60% of loans applied for by white small-business owners, 50% by Latinx small-business owners, and 29% by Black small-business owners.

Your support helps us put no-strings attached funding into the hands of these entrepreneurs, provides them with valuable one-on-one pro bono consulting time, and builds a community of resources and support around underserved founders.