Minority Biz - Small Business Tips and News for Minority Owned, Black Owned, and Women Owned Businesses

For entrepreneurs of color who have a business plan and have scoped out an African country in which to do business, most times the only obstacle left is financing.It’s that simple. Without adequate funding the business enterprise is not getting off the ground.A valuable, relatively unknown resource for African American investors is the U.S Ex...

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The Small Business Administration (SBA) does more than guarantee small business loans to provide the flow of capital to entrepreneurs, it also has partnerships with private investors that finance businesses through its Small Business Investment Company (SBIC) Program. The SBA is implementing a series of policy changes that promise to broaden...

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Evelyn Hayes is the founder of Creative Expressions & Gifts in Orangeburg, South Carolina. After retiring as school teacher of 27 years, she launched her business full-time in 2010. The business is similar to a Hallmark shop except that Haye creates or personalizes almost everything herself, from flower arrangements and gift baskets to...

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Congressman calls for small business owners to invest in AfricaWhile on an official visit to Cape Town, South Africa, President Obama announced the Power Africainitiative – a drive to “double the number of people with access to electricity in Sub-Saharan Africa.”While the development boom on the continent is unmistakable and the...

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“It is not the destination that solidifies you, but the things you learned along the way.” Credit this nugget of wisdom to Bishop TD Jakes, the key speaker at this year’s 19th annual Black Enterprise Entrepreneurs Conferencewhich wrapped last month in Columbus, Ohio.Sponsored by Nationwide Insurance and held at the Hyatt...

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New numbers released in a report Wednesday, show just how brutal it really is for black and Hispanic entrepreneurs looking to secure funding or small business loans.This after, several government programs have been created to direct more work and funding to help even the playing field in the federal contracting game.The Washington Post reports,...

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The Technology Association of Georgia, Venture Atlanta, and the Metro Atlanta Chamber have announced the winner of the 2014 business launch competition.Monsieur wins 2014 TAG Business launch competition after inventing artificially intelligent robotic bartenderThe judges selected Monsieur, developers of an artificially intelligent robotic...

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According to the Wall Street Journal, Carol's Daughter LLC has filed for Chapter 11 bankruptcy and will close most of its stores in the coming months....

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Every year billions of dollars are awarded in the form of free-money and other types of funding. But most people know this money exists, but just don’t know where to apply, how much they qualify for, or even where to get an application.Contrary to popular belief, free money is available to entrepreneurs. Real business grants do exist. In...

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Bootstrapping a business is no walk in the park. Here are nine tips on how to land success with a low budget....

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