That Black entrepreneurs haven’t had the same access to capital and funding as others should not be news, but it’s the reality of the disparity that fewer may really grasp — and the gap remains wide despite the influx of cash for creatives of color in the post-George Floyd era.
“Even though we’ve had all of these amazing commitments from these companies post-George Floyd, they just have not manifested,” said Melissa Bradley, founder and managing director of 1863 Ventures, a nonprofit that delivers business development programs designed to bridge the gap between entrepreneurship and equality. “Many didn’t manifest because it was a PR stunt, others on the other side did not manifest because they did not understand the infrastructure upon which they were trying to invest.”
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