Marianne Markowitz, the former acting administrator of the Small Business Administration (SBA), was familiar with the statistics. Forty-two percent of small businesses are owned by women in the U.S. and 50 percent of those are owned by women of color.
“Women of color are leading the exponential growth in the women’s economy.” Yet, only 16 percent of them receive conventional business loans. Yet, there are still significant gaps in access to capital. Read article