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

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