Minority Entrepreneurs-Women Business Connection

Pair up with entrepreneurs experienced in business ownership or operating a minority-owned business

Join forces with executive-level volunteers who share their wisdom with aspiring business owners. Gain knowledge about management, marketing, financing and other issues to run a business successfully. Ask the tough questions and learn best practices that have brought the executives success.

I recommend: Study the comprehensive list of resources for minority-owned companies compiled by SCORE , a nonprofit organization that educates entrepreneurs through advice from retired executives and business owners. Read through strategies featured by the EthnicMajority.com , to learn about minority-owned business grants and other funding opportunities.

Reap the benefits of national networks and councils that facilitate minority business development

Work with organizations that team minority-owned companies with national businesses. Use these connections as opportunities to market your company's products or services. Become a member of a networking group to expand your business exposure and to meet others who might help you reach your goals.

I recommend: Contact the National Minority Supplier Development Council, Inc. , a company that connects corporate America with minority-owned businesses through its national office in New York and through its regional offices across the country. Join The Minority Business Network , a community group that provides business-related information including marketing opportunities to enhance business development.

Leverage minority business grants and operational support from federal and private sources

Learn about government grants and programs that help minority business owners start and grow their companies. Acquire funding information and resources for women and ethnic minorities trying to make their way in the business world.

I recommend: Access Business.gov to review federal resources in their guide for women-owned businesses. Communicate with Operation Hope , a nonprofit organization that disburses minority-owned business loans and tackles tough issues including financial enterprise and diversity.
Tips & Tactics

Helpful advice for making the most of this Guide

Attend yearly conferences such as the National Minority Enterprise Development Week Conference, a federally funded conference that supports minority-owned companies and business enterprises. The conference strives to help minority-owned businesses create and keep jobs, grow local economies and help owners compete in a global marketplace.

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