Catalyst

the background

Why Black Women & Business?

Recent growth in the rate of business ownership by Black women has been faster than any other group in the nation. From 2002-11, the number of businesses owned by Black women increased 179 percent compared with 52 percent for all women-owned businesses and 20 percent for all businesses. However, many Black women who own businesses have difficulty accessing credit and face capital constraints.

What Can We Do?

Expand research on Black women business owners & founders
Create more access to diverse funding sources
Develop local, culturally relevant business education and training programs that center and are led by Black women & femmes

What Is The Catalyst?

The Catalyst is a 5 month hybrid accelerator launched to support Black women & femme founders actualize their entrepreneurial and business goals.
How it works:

Black women and founders fill out an application to participate
There is no cost for participation and 5-7 business owners are selected for each cohort
Participants complete the hybrid learning course
Participants receive a grant at the end of the course to invest in their business

Promise to entrepreneurs

To provide intentional space for Black women founders to actualize their entrepreneurial vision & gain economic liberation.

Mission

To provide information, support and learnings specific to/focused on Black women looking to start, grow and maintain their business.

Meet out 2021-2022 Catalyzers

Adonna Bryant – LIIT Ladies in I.T.
Yaasmyn Spivey – Snack Break
KyChè Sanders – Krave Boutique LLC
DerNecia Phillips – DAL Education & Care Solutions LLC