Author: Fundbox Team

[ad_1] For any enterprise proprietor, enough entry to funding could make the distinction between surviving and thriving. Within the U.S., minorities make up 32 p.c of the inhabitants, however solely 18 p.c of enterprise house owners.  Minority enterprise house owners face their very own set of distinctive obstacles when working their companies. From entry to schooling to fairness, communication, and cultural elements, there are a number of systemic limitations that may create challenges for minority enterprise house owners. A report developed by the Division of Commerce Minority Enterprise Improvement Company discovered that enough entry to capital stays a key think…

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[ad_1] When you establish as a minority small enterprise proprietor, firsthand how systemic boundaries pose challenges to rising your corporation. Nevertheless, getting licensed as a Minority Enterprise Enterprise (MBE) will help you overcome a few of these challenges by providing you with entry to packages that present skilled connections and sources that may assist strengthen your corporation. As a licensed MBE, you’ll have extra alternatives to bid for each company and federal enterprise contracts. You may as well be eligible for funding, similar to grants, and take part in enterprise growth coaching. On this article, we’ll take a look at…

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