In accordance to the management consulting company, creating revenue parity involving Black- and white-owned businesses and especially supporting tiny and medium-sized firms owned by individuals of color not only would help near this hole, but also increase all round prosperity by $290 billion.
To faucet into this prospect and support even the taking part in field for Black business people, a consortium of 9 cross-sector companies not too long ago came with each other to type The Empower Challenge, which at the moment is accepting apps from Black-owned CPG companies across the nation for a pitch party with a grand prize worth almost $700,000 in money and products and services.
In this episode of FoodNavigator-USA’s Investing in the Upcoming of Food, Kyle Gardner, a member of The Empower Project and CEO of Dobson Avenue Cash Partners, shares details about the pitch level of competition, which include what