Opportunity afforded to any entrepreneur must be afforded to every entrepreneur. The COVID-19 pandemic underscored severe inequalities faced by Black and Latino entrepreneurs, laying bare longstanding societal and racial barriers and a lack of capital and mentors. At the same time, the ongoing racial reckoning has provided an unprecedented wave of support for Black- and Latino-owned and led businesses.
Failing to provide these entrepreneurs with the support they need to scale reduces their capacity to employ others and to create wealth and prosperity, not only for Black and Latino business owners and other stakeholders but also for their communities. We must maintain strong support of diverse entrepreneurs to make lasting change and drive sustained momentum.