How Can Entrepreneurs Get The Start They Need?

Even though the number of businesses owned by African Americans entrepreneurs is rising sharply, many struggle to secure the financing they need to start or grow their businesses. According to the Small Business Association, the number of African American-owned firms increased 60 percent during the economic expansion of 2002-2007, as compared with roughly 13 percent for firms owned by Caucasion entrepreneurs. Yet loans to African-American borrowers declined 47 percent between 2009 and 2013, even...