By NewsOne Staff
Black women are making waves when it comes to business ownership. According to a Nielsen report,
there were 1.5 million Black woman majority-owned businesses as of
2015. Despite them being the fastest growing group of entrepreneurs in
the country, the journey to becoming their own bosses is no easy feat.
Many women of color face socio-economic barriers that hold them back
from stepping into the realm of entrepreneurship. The Lillian Project—a
Harlem-based incubator designed to educate and empower budding women
entrepreneurs in the community—is looking to change that narrative and
level the playing field for low and middle-income Black women when it
comes to launching their own ventures.
The initiative—which got its moniker from Lillian Harris Dean;
a Black woman who migrated from Mississippi to Harlem in 1901, launched
her own culinary business, and flipped her earnings to make a name for
herself in real estate—was created by the Harlem Business Alliance. The program—which launched in 2016—is funded by the WK Kellogg Foundation.
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Source: NewsOne
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