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Grant Program Announced for Black Women-Owned Businesses in Detroit (and How to Maximize Your Chances of Securing Relief)

StartupNation

Small businesses make up an astounding 99.6% of Michigan businesses and 49% of the state’s employees—that’s 1.9 Since the onset of the pandemic, these businesses have been forced to endure a tumultuous journey that has meant drastic budget cuts, layoffs and a complete strategy pivot. million people.

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The Painful Experience That Inspired One Entrepreneur to Greatness

Entrepreneurs' Organization

While driving around with a friend who owned a tow truck business, she had an Aha! Inspired by her “prison hustle,” Saichelle saw an opportunity in the laundry business. But Saichelle’s never-give-up attitude prevailed, and she eventually secured her first client and lay the foundation for her business.

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Women entrepreneurs find success despite lack of access to investment capital

Source Link

Throughout history there are numerous success stories of female entrepreneurs, yet women continue to face a number of challenges when starting and growing their businesses. Despite an overall decline in entrepreneurship in the United States, women are still responsible for the launch of a large portion of business startups in recent years.

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25 Sources For Funding Minority Entrepreneurs

Smart Hustle Magazine

Minority businesses make up a large part of the American economy. Unfortunately, these businesses have had the hardest time scaling up, in part because of a lack of funding. Fortunately, there are some organizations that can help minority businesses with funding. These are needed for any business to grow.

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Boulevard Launches New Capital Program Designed Specifically for Self-Care Businesses 

American Entrepreneurship

Boulevard Capital delivers fast funding to help salons, spas, barbershops, and medspas accelerate business growth LOS ANGELES – March 20, 2024 – Boulevard ( www.joinblvd.com ), provider of the client experience platform purpose-built for appointment-based, self-care businesses, today announced the launch of Boulevard Capital.

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Growth of Women Business Owners Continues to Lead Post-Pandemic Economy

American Entrepreneurship

The study showed the astounding pace of growth of women-owned businesses compared to those owned by men. Between 2019 and 2023 women-owned businesses grew at nearly double the rate of those owned by men. Most notable was the difference between how the pandemic impacted women business owners versus men.

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15 Grant Programs for Minority and Women Business Owners

StartupNation

Grant programs offering free money are hard to come by, which is why many entrepreneurs frequently end up applying for small business loans or try crowdfunding to start or expand their companies. ” Applicants must demonstrate the impact their small business has on their greater community, and interested entrepreneurs can apply here.