The Financing of Minority Entrepreneurial Efforts in the USA

Derek Abrams ()
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Derek Abrams: University of Texas Rio Grande Valley

A chapter in Financing Startups, 2022, pp 71-80 from Springer

Abstract: Abstract The number of funding sources for Minority-Owned Business Enterprises (MBEs) has expanded in recent times. This expansion partly occurred because of more inclusive societal attitudes, changing business priorities and technological innovation. Both the federal government and private companies have increased their support for MBEs in the areas of education, business development and grant funding. In addition, technology firms have created more funding options through crowdfunding and direct peer-to-peer lending at low, fixed interest rates.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fuobcp:978-3-030-94058-4_5

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DOI: 10.1007/978-3-030-94058-4_5

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