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Black Business Owners Aren't Getting Enough Capital: Goldman Sachs

Black Business Owners Aren't Getting Enough Capital: Goldman Sachs

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the challenges faced by Black business owners, particularly in accessing capital. It highlights disparities in bank funding, with Black entrepreneurs being rejected at higher rates than their white counterparts. The video also explores the specific struggles of Black women entrepreneurs, who despite being highly educated, earn significantly less. The community impact of Black businesses is emphasized, along with the need for better banking relationships and funding solutions. The video suggests a multi-pronged approach involving funding, education, and advocacy to address these issues.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the implicit biases that affect the funding opportunities for Black small business owners?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How can funding disparities between Black and white business owners be addressed?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What educational initiatives are being implemented to support Black business owners?

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