From Gary Cunningham <[email protected]>
Subject Why are Black-owned businesses valued 11 times lower?
Date October 11, 2022 2:00 PM
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John,

Black Americans are just as likely to own businesses as their White counterparts, but their businesses are valued 11 times lower on average. Which means Black entrepreneurs don’t get the same return on their investment.

I believe you are someone who sees the deep inequities in our nation and wants to be part of the solution. That’s why I’m asking you to contribute to Prosperity Now because there is so much we can do together to counter the systemic racism in our economic systems. [[link removed]]

For too long, this country has fostered the myth that everyone has equal opportunity. Combatting centuries of racial and ethnic economic injustice requires breakthrough thinking to enable systemic change at scale. Our current economic system that was originally designed to exclude or neglect small Black and Brown businesses will require a radical reimagining of how to serve an influx of new entrepreneurs of color.

Research shows that entrepreneurship sparks upward mobility and is strongly correlated to greater household wealth and income. It’s a powerful tool for enabling Black and Brown individuals, families, and communities to build generational wealth.

At Prosperity Now, we understand the importance of entrepreneurship. We work to expand entrepreneurship for communities of color by focusing on resource development and distribution, specifically at the local level.

When you give today, you’re investing in an organization that, for 43 years, has been dedicated to creating an economy that is just, fair, and free from structural racism. [[link removed]]

This is a big, bold goal but, together, we can do it. We want everyone to be part of the solution. I’m personally asking you to join us by making a donation now. [[link removed]] Every dollar adds up and together we can do big things.

Thank you for being part of this fight.

DONATE NOW [[link removed]]

Sincerely,

Gary Cunningham

President & CEO

1200 G Street NW, Suite 400, Washington, DC xxxxxx

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