Скачать или смотреть Investing in African American Entrepreneurs

Main Street Launch is working to address the racial wealth gap through entrepreneurship. The median net worth of African American households is $17,409 compared to $171,000 for White households--that's ten times less.

Entrepreneurship presents an opportunity to chip away at this inequity: African American entrepreneurs have twelve times the median wealth of African Americans who don't own a business. But African American entrepreneurs face specific and significant barriers to success due to a long history of racism and discrimination. Not only are they starting off with lower wealth on average, they also face a lack of institutional trust, limited access to capital, and an overall lack of small business resources.

That's why we are specifically investing in African American entrepreneurs. Through programmatic support, flexible lending products, and academic research, Main Street aims to provide a long-term anchor for the African American business community.