Sacramento Technical Assistance Program (Sac TAP)
Inspire ~ INFORM ~ Promote
Untapped Opportunities for Success
The Association for Enterprise Opportunity (AEO) is the leading voice of innovation in microfinance and microbusiness in the United States, and reports Black-owned businesses on the whole lag behind the average U.S. firm in terms of size and revenue. Ownership rates trail those of non-minority groups, and the failure rate is high. While these facts have been well documented, this particular initiative aims to reframe and restart the conversation associated with support for Black businesses by highlighting the resilient spirit of these aspiring entrepreneurs, painting a vivid picture of the rich diversity of Black-owned businesses, modeling the impact of unleashing their potential economic power, and bringing a new understanding to the unique barriers that these businesses experience.