Cultivating The New Minority Entrepreneur
Right under our noses a new generation of minority entrepreneurs are crafting business ideas and refining their hustles. Comprising roughly 40% of Gen Y, the next generation up-and-comers, Blacks and Latinos have a disproportionate inclination toward entrepreneurship. A Kaufmann Foundation policy brief, Young Invincibles, found that 65% of Latinos and 64% of Blacks aged 18 – 34 wanted to start a business vs. 45% of whites.
This panel aims to explore the changing Gen Y minority entrepreneurship paradigm.
Additional Supporting Materials
- What are the unique differences, if any between Gen Y minority entrepreneurs and the Baby Boomer generation?
- What are a few srategies for cultivating minority entrepreneurship clusters or epicenters? What ingredients are needed to create an eco-system that supports minority entrepreneurs?
- Why must the new generation make the successful leap from B-to-G to B-to-C or B-to-B, areas where minority businesses typically experience the greatest challenges
- What are the biggest challenges to securing early seed financial and social capital to invest in ideas and entrepreneurs?
- If you teach a 15 year old how to be successful in business, how would it differ from what your parents taught you?
Natalie Cofield, President , Capital City African American Chamber of Commerce
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