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.
Inc.com: How Discrimination Is Costing the U.S. $300 Billion
Zoe Henry covers our report, “The Color of Entrepreneurship,” and focuses on how much worker income the U.S. economy is missing because people of color are underrepresented as business owners with employees. Although the number of minority-owned businesses has increased (there are now 2.6 million firms owned by African Americans, compared to 1.9 million in […]
Inc.com: These Unsung Entrepreneurs Helped Dig the U.S. Economy Out of Recession
Jeremy Quittner discusses the unheralded contributions of entrepreneurs of color and the difficulties they still face. By the numbers, Asian American women made the biggest gains, increasing the number of firms with employees by 37.6 percent to 126,328 for the five-year period of the survey. Hispanic women came in second, growing 26.5 percent to 67,079 […]
Michigan Radio: Minority-owned businesses fuel growth in entrepreneurship
Paulette Parker covers our report, “The Color of Entrepreneurship,” and contrasts the dismal news of Equal Pay Day with the good news of people of color creating businesses. Many minorities see entrepreneurship as a viable option, or the only option, in light of harsh economic conditions and dim employment prospects. And the shift in growth […]
