Although small businesses and business creation are key drivers of the American economy, BIPOC (Black, Indigenous, and people of color) entrepreneurs have consistently experienced barriers in access to capital, holding back both our economy and our nation's talent from reaching its full potential. These barriers are the result of
unconscious biases, systemic inequities that have created a
vast racial wealth divide over time, and associated challenges that many face in raising capital through friends and family, given systemic inequities and the fact that social and personal networks in America fall along lines of both wealth and race.