Although the number of minority-owned businesses is increasing dramatically, America is currently forgoing an estimated 1.1 million businesses owned by people of color because of past and present discrimination in American society. These missing businesses could produce an estimated 9 million more jobs and boost our national income by $300 billion. Thus, expanding entrepreneurship among […]
C-SPAN: Boosting Minority Entrepreneurship
Dr. Maya Rockeymoore, CGPS President and CEO, discussed our report, “The Color of Entrepreneurship,” on C-SPAN’s Washington Journal. The country is missing a stunning number of businesses, jobs, and workers’ income because people of color are underrepresented as business owners with employees. She talked about the importance of microlending and access to capital, which can help […]
2016 Color of Wealth Summit: Equity-Centered Development panel
Gentrification, a form of economic development that results in high-income residents moving to low-income areas and displacing existing residents in the process, has been widespread in urban communities across the United States. Given the trend, is it possible to implement economic development strategies that benefit existing residents and allow them to remain connected to place? […]
2016 Color of Wealth Summit: Interviews with Community Activists
This year, we tried something new at the Color of Wealth Summit: bringing in the voices of activists who work to make life better for their communities. People living in public housing are not usually at the front and center of the discussion about asset building strategies, but their economic wellbeing should not be ignored. We talked […]
2016 Color of Wealth Summit: Equitable Strategies for Advancing Financial Inclusion Panel
This exciting interactive session brings together financial service innovators with a panel of business savvy professionals (“sharks”) who vetted the concepts and offer an insider’s perspective on what makes a proposal investment-worthy. The session will feature entrepreneurs with ideas that seek to bring vulnerable populations into the financial mainstream. Judges Janis Bowdler, Managing Director, Financial […]
2016 Color of Wealth Summit: Strengthening Entrepreneurship in Communities of Color Panel
Owning a business can help reduce the racial and ethnic wealth gap by allowing individuals to fulfill their potential to create wealth-generating opportunities for themselves and others. Equitable opportunities for entrepreneurship may also increase jobs and economic development in areas where people of color and those with lower incomes disproportionately reside, which in turn improves […]
Entrepreneurs Salon at the Asset Builder Champion Awards Reception
The 2016 Color of Wealth Summit focused on entrepreneurship in communities of color, so we wanted to start the Asset Builder Champion Awards Reception with a conversation with entrepreneurs, who shared what it took to find business success. Moderator: Jamal Simmons, Principal, The Raben Group Entrepreneurs: Osiris Hoil, District Taco Gabrielle Jordin, Jewels of Jordin Aaron Saunders, […]
Huffington Post op-ed — The Color of Wealth: Race, Economic Mobility and the Future of America
On the day of our 2016 Color of Wealth Summit, Dr. Maya Rockeymoore discussed why, With the changing racial and ethnic makeup of the nation shifting dramatically, it is imperative that we address the dilemma of demography even as we address the dilemma of disinvestment: how to develop a vibrant economy with the dramatic growth […]
Sen. Elizabeth Warren on Missing Minority Businesses at 2016 Color of Wealth Summit
Senator Elizabeth Warren was the keynote speaker at our 2016 Color of Wealth Summit. Below is an excerpt about our new report, “The Color of Entrepreneurship: Why The Racial Gap Among Firms Costs the U.S. Billions.” Watch her entire keynote address.