Frederick Douglass Entrepreneurial Development & Leadership Institute
PREPARES BLACK, LATINX AND WOMEN ENTREPRENEURS TO SUCCEED THROUGH A PERSONALIZED BUSINESS ASSESSMENT PROCESS AND TARGETED CONNECTION TO AN ECOSYSTEM OF RESOURCES AND SUPPORT.
Founded
2022
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Chicago
EDLI.org | EDLI - We believe in the unlocked potential of giving entrepreneurs the support they need. Building an Inclusive Entrepreneurial Ecosystem Through Collaboration Why EDLI. Addressing the Persistent Funding Gap for Underrepresented Entrepreneurs. The number of Womenowned businesses in the US is increasing steadily at 1800 per day but Womenowned businesses received only 15 of the 34 billion available in SBA loan funding in 2023. Blackowned and Latinoowned SBA loan funding increased almost 15 between 2022 and 2023 but these businesses combined received less than 20 of the total available in 2023.
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Seeing the impact of organizations like EDLI is so inspiring! π€πβ€οΈ Together, we can create an inclusive entrepreneurial ecosystem where every entrepreneur has the resources to thrive! Let's amplify these voices and support one another! #InclusionMatters #SupportLocalBusinesses
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