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COVID-19... Black Women Unemployed... Now What... Black Women's Round Table Offers a challenge for Start Ups

 

September 17, 2020

Covid19 has changed the world in so many aspects... death, lost of income, health and uncertainty. Unfortunately, some are easily to bounce back than others. Covid 19 has changed a lot of peoples mindset to life and full filling dreams that they never thought they would. This Sept. the Black Women's Roundtable (BWR) the black women and black girl arm to the National Coalition on Black Civic Participation has launched a "Take It To The Top Entrepreneur Challenge" for Black women and girls who have always wanted to start their own business but never did. This challenge is for the "Ideapreneur". Take It to The Top Entrepreneur Challenge gives BWR the opportunity to provide tools, resources and on demand education that will enable black women and girls to successfully pursue their entrepreneurial ideas. This also gives all participants the opportunity to win $25,000. The BWR Challenge will focus on two of the three modules for Black women and girls to complete; Module 1: Visioning; Module 2: Working on your Business; Module 3: Launching.

The Black Women Roundtable Challenge has partnered with corporate sponsors such as coca cola Company, Verizon and Black Enterprise. The official launch was live streamed by BWR media partners Essence and #RolandMartinUnfilitered and looking forward to have each partner continue to work toward aiding black women throughout this Challenge and beyond.

Black women are the fastest growing segments of entrepreneurs in the U.S. According to the American Express Women Owned Business Report 2019, Black women owned businesses have grown in 2019 at a rate of 12% compared to the annual increase rate of 8% between 2014-2019. Unfortunately, that growth rate comes with challenges. Black women owned business' revenue generated an average of $27,700 per firm compared to white women owned firms at $143,100 per firm. The cause of this disparity is less access to capital, lack of educational resources and mentors.

The BWR Challenge has three (3) categories to register under; Category (1) Girlpreneur (ages 16 to 17); Category (2) collegiate; Category (3) Community. Each registrant will have the opportunity to win the monetary prize but also a chance to be featured on Blackenterprise.com. The Registration for the BWR Challenge begins September 1, 2020 to 11:59pm September 31, 2020. The eligible states for participation are: Alabama, Mississippi, DC, Maryland, Virginia Metro area, Georgia, Michigan, Florida, Pennsylvania, North Carolina & Ohio.

To register for the challenge, go to https://www.blackwomensroundtable.org/#our-2020-programs.

The Challenge begins October 1, 2020 to 11:59pm October 30, 2020. The announcement of the winners will be on November 28th 2020 Small Business Saturday.

 

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