Venturing into the world of entrepreneurship comes with challenges. However, for Black women entrepreneurs, the hurdles can be much higher and different. A study from the National Association of Women Business Owners shows 42% of U.S. businesses are owned by women, yet those businesses grow at only half the rate as businesses owned by men. To learn more about the unique challenges African American women entrepreneurs face, “American Black Journal” host Stephen Henderson spoke with two Black women entrepreneurs from Detroit.
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Linda Hendricks, co-founder of the Detroit Dance Center, and Chinonye Akunne, the owner of ILERA Apothecary, join Henderson to discuss what led them to become entrepreneurs and share their advice for budding business owners. Plus, they talk about the financial and marketing grants they received through Comcast RISE, a program created during the pandemic to assist small businesses owned by women and people of color.
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Watch American Black Journal on Tuesday at 7:30 p.m. and Sunday at 9:30 a.m. on Detroit Public TV, WTVS-Channel 56.
