Black entrepreneurship is on the rise nationwide, but not without its challenges. Getting venture capital funding for black business owners remains a struggle—fewer than 1 percent of black founders receive funding, according to Fast Company—which leaves many unable to hire employees. Despite these challenges, Memphis has emerged as America’s top city for black-owned businesses. Ranking…
The past two years have been quite an adventure for Memphis sisters Madison Star and Mallory Iyana, the mini moguls who struck a deal on ABC’s “Shark Tank,” an Emmy Award-winning reality show where aspiring entrepreneurs pitch their business ideas to “sharks” — some of the country’s best-known business magnates. The sharks – among…
Whether we’re talking about community-based startups or new businesses with high-growth potential, Memphis entrepreneurs have a friend in the form of Entrepreneurship-Powered Innovation Center, better known as EPICenter Memphis. The non-profit organization, located in Co-Work Memphis in the heart of Downtown Memphis, helps entrepreneurs conceive, launch and scale their businesses. EPICenter has become a hub…
