Black Business Month - Financial Resources

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Having to overcome barriers to corporate advancement, many Black Women have pursued entrepreneurship so that they can reach the potentiality of their hard work and economic capability. ⁠

Yet, despite this fast rate of growth, Black business owners receive less business capital and funding through traditional banking and venture capital than their non-black counterparts. This inequity in funding has most definitely stalled the sustainability and profitability of Black business owners. ⁠

I’m sure you are reading this and most likely not surprised and probably asking what are the solutions here if these systems exist? ⁠

Today, we’re sharing a list of organizations that are becoming staples within the community and providing the FINANCIAL RESOURCES to elevate Black businesses to economic empowerment. ⁠

If you know of some local and/or national organizations and want to share, please leave a comment below.

FINANCIAL RESOURCES FOR BLACK OWNED BUSINESSES

  1. IfundWomen of Color

  2. Backstage Capital

  3. Sister Cities Project (San Diego)

  4. Coalition to Back Black Businesses

  5. National Urban League

  6. US Black Chambers

  7. Black Founders

  8. Financial Literacy in the Black Community