According to census statistics, in 2007, one and five new small businesses were owned by minorities or women. But that was before the recession. NPR host Michel Martin talks with Georgia Tech economist Danny Boston and Washington, DC area business owner Emogene Mitchell about the impact the downturn is having on minority and women-owned small business. Listen to the interview at the following link:
The Georgia Statewide Minority Business Enterprise Center (GMBEC), funded by the U.S. Department of Commerce’s Minority Business Development Agency and operated by Georgia Tech’s Enterprise Innovation Institute, provides business and technical assistance that helps emerging and existing minority business enterprises (MBEs) experience significant growth and sustainability, and have long-term economic impact through the creation of jobs and revenue. Part of a national network of centers established to increase the number of MBEs and strengthen existing ones, GMBEC provides services in business assessment, access to capital and finance management, access to markets, strategic business consulting and business process improvement.