Historic and systemic barriers have made itmore difficult for Black-Owned small businesses to access the capital and resources to start and grow.
According to a 2019 Federal Reserve report on business credit for minority-owned firms, 61% of Black-Owned businesses are either denied or receive less funding than requested on their application compared to 38% of white-owned firms.
Business Coaching and Resources to Help You Succeed
Funding can take you so far... our business navigators can help take you further! Our team is here to help ensure your small business success. Get help with topics like:
Free, downloadable workbooks, guides, and more for you and your small business via Initiate Prosperity. Sign up now to access the platform free for 30 days.
"CEF really goes through every aspect of the business - how to be better, how to be stronger, and truly wants to watch your business grow."
TerryJosiah Sharpe | Anthem Music Enterprises
Anthem Music Enterprises is a multimedia enterprise that helps independent creators successfully navigate the music industry through a variety of creative outlets. Offering anything from studio sessions, multimedia space rentals, song and album production, virtual assistant playbook, events & shows, and more. It began with three passionate young men who believe in reimagining the way independent artists create, inspire, and entertain locally. With CEF's funding help, Anthem was able to fill their studio with the necessary equipment to bring this dream to the Colorado Springs and surrounding areas.