This story cites CGPS’s report on entrepreneurship.

People of color face added hurdles, rooted in decades of discrimination that limited access to education, good-paying jobs and advancement in the workplace. As a result, many African American families do not have access to savings and investments that are key to economic advancement.

The median wealth level of white households is 20 times that of African American households, Gimenez said, citing research by the Center for Global Policy Solutions, a Washington, D.C.-based think tank.