ARCC News – The Impacts of Racism on Black Entrepreneurs

In recent years, many forms of racial injustice—including economic disadvantages—long endured by Black Americans have reemerged in the national spotlight. Throughout the Black Lives Matter (BLM) movement and the pandemic, there have been calls to support Black-owned businesses and learn about the human and financial losses in events like the Tulsa massacre. Yet little attention has been given to the current barriers that Black entrepreneurs (especially Black women entrepreneurs) face in launching and maintaining a successful business.

Thriving Black business ownership is an important key to bringing about greater material equity for Black individuals and communities nationwide, and yet many factors continue to hinder progress in this regard. Here are some of the major obstacles Black Americans encounter in launching and running a business.

Sep 5, 2022 ARCC News