Tulane Report: Racial Disparities For Local Start-Up Businesses

A new study from Tulane University says there are disparities in the opportunities available to non-white entrepreneurs trying to start businesses in the greater New Orleans area.

In the report published Monday, the university shared that firms owned by Black, Indigenous and people of color are only half as likely as white-owned firms to receive debt financing via traditional bank loans.

The report also found that BIPOC receive equity investments less than half as often in the earliest round.

In light of the new findings, Tulane officials say they are hosting a panel discussion on October 22 to discuss the topic and what can be done to remedy that situation.

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