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The median seed round for Black women entrepreneurs in 2020 was $125,000, according to ProjectDiane, far less than the $2.5 million for the national median. During the pandemic, they received less ...
39% of Black-owned businesses were owned by Black women in 2021, while men owned 53%. In the 2023 fiscal year, the SBA backed 4,781 loans to Black-owned businesses, totaling $1.45 billion.
Some Black female entrepreneurs are stepping up to help other women launch their businesses — and hope their leadership spawns more private- and public-sector aid.
Janice Bryant Howroyd (born September 1, 1952) is an entrepreneur, businesswoman, and author. She is founder and chief executive officer of The ActOne Group, [1] the largest privately held, minority-woman-owned personnel company founded in the U.S. [2] [3] Howroyd is the first African-American woman to build and own a billion dollar company.
Studies on female entrepreneurs show that women have to cope with stereotypical attitudes towards them on a daily basis. Business relations from customers to suppliers and banks constantly remind the entrepreneur that she is different, sometimes in a positive way such as by praising her for being a successful entrepreneur even though she is a ...
Angela Benton (born () May 22, 1981) is an American businesswoman. Benton founded NewME (acquired), [1] the first startup accelerator for minorities globally in 2011. She is a pioneer of diversity and one of the most important African-Americans in the technology industry. [2]
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Catherine Liggins Hughes (born Catherine Elizabeth Woods; April 22, 1947) is an American entrepreneur, radio and television personality and business executive.She has been listed as the second-richest Black woman in the United States, after Oprah Winfrey.