Black women are in the lead when it comes to starting businesses. “For women of color, average revenue dropped from $84,000 in 2007 to $66,400 in 2018, while for non-minority businesses, revenue rose from $181,000 to $212,300. And the gap between African American women-owned businesses' average revenue and all women-owned businesses, Amex found, is the greatest.”
There are many factors that contribute to the wide gap between African American women- owned businesses and white woman owned businesses.
-Lack of funding
-Lack of knowledge
-Limited access to educational resources
-Difficulty finding mentorship and/or a supportive community
Black Girls Rising University provides a space for black women to learn and grow. Our goal is to assist black women in navigating the challenges they face in starting a business and educate them with the resources necessary to rise in entrepreneurship.