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Business Daily

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Struggles of Black Entrepreneurs in Securing Venture Funding

This chapter delves into the challenges faced by black entrepreneurs, such as Brian Rice in Birmingham and Nick Kelly in the UK, when seeking funding for their projects. It explores the disparities in funding received by black-founded companies, the lack of diversity in the VC industry, and the impact of initiatives supporting black founders. Despite facing rejection, one entrepreneur managed to build a successful company through networking and self-funding, underscoring the underlying issues of racism in the business funding landscape.

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