Showing 1 results for:


by Topic

All results

EY Says New Program Geared Toward Black & Latinx Entrepreneurs Is Not A 'Fund and Forget' Program

Ernst & Young LLP just announced their inaugural cohort for Black and Latinx entrepreneurs, the Entrepreneurs Access Network (EAN). According to PR Newswire, the comprehensive, business accelerator — which operates as an executive-level educational program to elevate scalable companies — will include entrepreneurs in 10 markets across the U.S. giving companies access to resources, networks, and mentors. “Deep-rooted systemic challenges hinder many minority-owned businesses from achieving their full potential, an issue that was exacerbated this year,” said EY Americas Vice Chair of Accounts, Sam Johnson, in a press release. “Through EAN, our goal is to provide Black and Latinx founders with the necessary support to sustainably scale their businesses and drive economic growth. Without equitable access, the future of many Black and Latinx-owned businesses — and millions of jobs — hangs in the balance.” According to the press release, only 1 percent of venture capital dollars go to...

Dec 14, 2020