Guide to Minority Business Funding

Ahhh, Venture Capital, the quaint and entirely American notion that if you send some stranger a business plan, they will send you a million dollars. We wouldn't bet on it if you are a minority-owned company. And don't laugh too hard, sisters. According to one source, "women-owned businesses receive less than 4% of venture capital money."

To help you along, we've included some data on the best venture capital sites for women and minority investors. We're gonna be frank here. We hope you don't mind. We must warn you at the outset: Most, but not all, venture capital firms targeted to minorities and, to a lesser extent, women, are ineffective. This includes most of the incorrectly named MESBIC's (Minority Enterprise Small Business Investment Companies) and the SBA.


Action Steps
The best contacts and resources to help you get it done

Tips & Tactics
Helpful advice for making the most of this Guide

• Part of the problem may be the quality of the business plans these Venture Capital guys are seeing. Having been on the web since 1995, we've seen every kind of business plan, from those that caused us to refuse to accept any more messages from the sender's email address to a few brilliant ideas really worthy of further consideration. All we can say is, we're willing to help, but DO A LITTLE HOMEWORK, FIRST. PULEEZE....