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The Financing of Minority Entrepreneurial Efforts in the USA

In: Financing Startups

Author

Listed:
  • Derek Abrams

    (University of Texas Rio Grande Valley)

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.

Suggested Citation

  • Derek Abrams, 2022. "The Financing of Minority Entrepreneurial Efforts in the USA," Future of Business and Finance, in: Carlos Lassala & Samuel Ribeiro-Navarrete (ed.), Financing Startups, pages 71-80, Springer.
    • Handle: RePEc:spr:fuobcp:978-3-030-94058-4_5
    DOI: 10.1007/978-3-030-94058-4_5
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