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Showing posts with the label Black women

How to Finance a Black Women-owned Business in 2020

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Maggie Lena Walker was the first female bank president of any race to charter a bank in 1902. Black women have continued down this path of entrepreneurship. According to one report, "the number of businesses created by black women in the United States alone is up more than 460% over the last 20 years, making them the fastest growing group of entrepreneurs in the nation."

Of course, we've known this for some time. We launched MinorityFinance.com in 1998 and noted that 65% of the inquiries from the site came from Black women. The key issue then, and now, is money: "according to the Diane Project, black female founders are only able to raise an average of $36,000 in venture funding, while start-ups owned mostly by white males have received on average $1.3 million."

We provide data-based advice and instruction, based on our years of experience, to help you over this hurdle. Our webinar provides information on the current state of Black women businesses. We provide…

List of Black Women who work for venture capitalists

The following lists some of the Black women working for VC firms. While we think this is a good sign, remember - the problem is with the VC model itself, not with the color or gender of the people who populate the firms. You're still not going to be able to get money from these firms unless you fit the demographic they prefer. See: Small Business Financing, Black People and Venture Capital

Black Woman VCs (click on their name to be taken to their Crunchbase profile...or look them up on LinkedIn.)

Jacqueline Grant
Principal, Abingworth

Karen Kerr
Executive Managing Director
GE Ventures

Nicole Walker
Partner, Venture Capital – Healthcare
Baird Capital

Candice Matthews
Co-Founder and Executive Director
Hillman Accelerator

Tracy Gray
Founder and Managing Partner
The 22 Fund

Abyah Wynn
Co-founder and Managing Director
Twenty65 Fund

Monique Idlett-Mosley
Managing Partner
Reign Ventures

Erica Duignan Minnihan
Founding Partner
1000 Angels and Reign Ventures

Nicole Sanchez
Investment Partner a…

How to Finance a Black Women-owned Business in 2019

Following our successful 2018 webinar, we are pleased to announce the launch of our latest online class, "How to Finance a Black Women-owned Business in 2019."

The class is hosted on Udemy, "the leading global marketplace for teaching and learning. Udemy helps organizations of all kinds prepare for the ever-evolving future of work." Their "curated collection of top-rated business and technical courses gives startups, companies, governments, and nonprofits the power to satisfy entrepreneurs' hunger for learning and development."

Our efforts are a fresh approach to providing targeted, up-to-date information in this space. Black women have continued down this path of entrepreneurship. According to one report, "the number of businesses created by black women in the United States alone is up more than 460% over the last 20 years, making them the fastest growing group of entrepreneurs in the nation."

Of course, we've known this for some time, and…

Impact Investing