Black-Owned Businesses Often Struggle to Access Capital. Here’s How Financial Institutions Can Change That.
External Publication · Capital and Systems Change · Societal and Institutional Change
Originally published by Kellogg Insight. Written by Glenn Jeffers. Based on insights from William Towns.
July 20, 2020
Banks and investors can widen access to capital by reconsidering how they measure creditworthiness, strengthening representation in governance, and accounting for social as well as financial returns. The article examines structural barriers facing Black-owned businesses and the institutional choices that can address them.
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