Essence Magazine:
By Jasmine Browley· Updated August 26, 2022
Black founders raised only 1.3% of 2021’s $330 billion worth of U.S. venture investment. This is shocking, especially since African American women are the leading group of new entrepreneurs either launching or running businesses. The number of businesses owned by Black women jumped 50% from 2014 to 2019, representing the highest growth rate of any other demographic.
Despite these impressive figures,
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