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How Funding Black Businesses Can Help Bridge the Racial Wealth Gap
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YES! Magazine - Economy
The Runway Project is making entrepreneurship more accessible to Black communities.
The Runway Project offers small business owners five-year, collateral-free loans of up to $25,000.
CDs for the Runway Project mature after five years, earning between 1.8 and 2.6 percent interest.
Kate Poole, a 31-year-old investment adviser and early Runway Project donor, got into local investing work a decade ago after inheriting wealth.
About 80 percent of Black business owners surveyed by Guidant Financial in 2017 reported a lack of financial resources as the No.
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