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Bloomberg Businessweek
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Addressing Inequities in Access to Capital for Black-Owned Businesses
This chapter delves into the disparities faced by black entrepreneurs in accessing capital compared to their white counterparts. Momentus Capital's $171 million fund is showcased for its efforts in investing in small businesses with social impact in under-invested communities. The fund's unique structure includes mission-driven lenders and a blended capital approach to support businesses' growth without claiming ownership shares.
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