Dallas Auditor .com

VC funding (or lack thereof) is what has pulled the rug out from under numerous wannabe start-ups with a brilliant concept. To a lucky few who are in the right place at the right time with the right idea, these investments come easy. Some may even get angel investments right off the bat. But many more keep knocking on doors for years without success.

It is almost certain that a country’s economic progress could never happen without a sufficient number of entrepreneurs. These are people who are prepared to risk starting new enterprises whether they are prepared or not. Of the millions of enterprises created in the last hundred years, a handful became conglomerates and household names. Amazingly, the rest, often described as small and medium enterprises provides for eighty per cent of employment. It is thus clear that we need people with the entrepreneur’s mindset to keep our economic progress going.

Minority women looking to start a business or continue funding their business usually get loans from banks or borrow money from family. Although this may be the most traveled path to obtaining money, there are other ways such as getting business grants for minority women.