Vice President Kamala Harris is making it her mission to even the playing field for Black entrepreneurs, who historically suffer from underfunding and face difficulty accessing capital.
Harris announced the Capital Readiness Program and the 43 winning organizations—a mix of non-profit and community-based organizations, private sector entities, and institutions of higher education located across the country—who will act as incubators for BIPOC-owned small businesses. “President Biden and I firmly believe that for America’s economy to be strong, America’s small businesses must be strong. I am proud to announce that we will invest an additional $125 million in small businesses across our country through a national network of small business incubators and accelerators,” Harris said. “President Biden and I are fighting to ensure that every entrepreneur in America—no matter who they are or where they live—can access the capital to start or grow a business, create jobs, and thrive.”
Read the source article at Black Enterprise
