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I recently attended the “Capital Matters: Race, Gender and Entrepreneurship” conference held at Duke University’s Fuqua School of Business. The conference, which included many notable scholars and business leaders, was an opportunity to highlight the gaps in opportunity for various businesses, particularly those that are black-led and/or women-led, and to discuss ways to start resolving these inequities.
On the first day of the three-day conference, much of the discussion focused on research that illuminates gender and racial disparities. One point that stood out: The top 10 U.S. Fortune 500 firms each generate more in annual sales revenue than do all 2.58 million black-owned businesses, combined. Ted Archer and Chris Wheat of JPMorgan Chase conversed about private sector strategies to expand business ownership. Chris highlighted the small business research of the JP...
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