Business experts nationwide seem to agree that funding remains to be
one of the biggest hurdles for emerging developers, particularly
minority and women-owned firms. The NYC Economic Development Corp, in partnership with Basis Management
Group, LLC, hopes to tackle that problem with the launch of Emerging
Developer Loan Fund, which includes $10 million of capital
committed by NYCEDC.
As a former professional quarterback, restaurateur Micheal Jackson is
used to being on the offensive and knows how to avoid being tackled by
the competition. He has parlayed this same tactical and no nonsense
approach from his days on the scrimmage line into how he runs his
upscale bar and restaurant business, Jacksonville, in the economically
impoverished city of Paterson, New Jersey.
In recent years, black-owned businesses have been one of the fastest-growing segments in the U.S. economy. But according to experts, some African-American
small-business owners limit their revenue growth because they don’t
reach beyond their comfort zone and build relationships with businesses
led by other demographics. Here are two African-American small-business owners who have successfully chartered that path.
been called one of the "Most Influential Women in D.C." And Dr. Avis
Jones-DeWeever does indeed have a lot on her plate. When not being
interviewed by the likes of CNN, Al Jazeera America or C-Span, she is
president and founder of Washington, DC-based Incite Unlimited, a
boutique consulting firm. TNJ.com spoke with Jones-DeWeever about her business and the obstacles facing Black women in business.