New study highlights barriers for Black women food entrepreneurs
A recent report from Cornell University details the financial and structural challenges facing Black women who own businesses in the food industry.
Research gaps identified by professors
Professor Lilly Jan noticed a lack of data specifically about Black women in her field. She partnered with undergraduate student Emma Roder to fill this information void. Their resulting study examines the specific hurdles these entrepreneurs encounter daily.
Capital access remains difficult
The findings indicate that structural inequities limit access to necessary investment funds. Most of the surveyed businesses operate as microenterprises with annual revenue under twenty-five thousand dollars. A separate Wells Fargo analysis shows women-owned firms generate only a small fraction of total revenue.
Mentorship opportunities are scarce
The report notes that peer-centered mentorship is often unavailable to these founders. Many respondents stated their ventures focus on issues beyond just selling food products. The study concludes that counting this demographic reflects a commitment to their success.
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