Viewpoint: Access to capital for Black, brown businesses starts with access to knowledge

A Business Journal moment: If you work or have worked here, you know this is a code phrase we use to describe a moment that captures the essence of being at the Business Journal. 

For me, a recent dinner was the quintessential Business Journal moment.

We gathered about 20 people of color who share a commitment to and focus on issues of access to capital for underserved communities. Although it was an impressive spectrum, I couldn’t help but worry that we hadn’t included every relevant voice or weren’t ready to tackle this or that issue.

My concerns were ill-founded. Once they started, the conversation took on a life and momentum of its own.

It entailed a senior bank executive talking about not only what banks can do but also their limitations and how they must work with other players to support emerging Black-owned businesses. And a partner of a venture capital firm sharing how they work to identify funding opportunities but are equally challenged by how dysfunctional the system…

Read the full story from the Washington Business Journal.

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