Category Archives: racial wealth gap

A New Funding Tool Aims to Fill the ‘Friends & Family’ Gap for African American Entrepreneurs

When starting a new venture, entrepreneurs have long been told to reach out to their friends and family for their initial seed capital. And in the crowdfunding age, early support from a close social network can make or break a fundraising campaign. Yet the concept of friends & family funding can be baffling to entrepreneurs […]

Closing The Racial Wealth Gap Through Business Ownership

A recent report published by FIELD at The Aspen Institute and Asset Funders Network explored how philanthropic funders can help narrow the racial wealth gap in the U.S. through programs that support business ownership. Joyce Klein, director of FIELD and co-author of the report, offers some thoughts on the topic in this guest post. Much […]