> Program aims to diversify malls, help business owners of color
Program aims to diversify malls, help business owners of color
Clip ID 2330806
Clearance
Add to
Share
Add to Review Link
By Request
By Request assets are not available for immediate purchase.
This content has not been pre-checked for copyright.
Per clip rates are for 20 seconds of final usage. If you are using more then 20 seconds or need a different file format or have questions about clearances contact us
Description
Zari's Donuts is named after Davis Vincent's daughter. He runs the business all by himself.
It's a daunting task for anybody, but one that's even more difficult for a person of color.
Vincent would like to expand his bakery but could use a hand.
"People need the possibility of expansion -- with help. Otherwise, it's that standard way that we don't know, whether it's getting finances or getting financial help and having guidance there," said the Navy veteran who learned to bake in his mother's kitchen.
According to a McKinsey study, 4% of Black-owned businesses survive past the start-up phase even though 20% of Black Americans start businesses.
READ THE FULL STORY HERE: https://www.king5.com/article/money/business/small-business/diversify-malls-help-businesses-of-color/281-efca7667-e8e6-4260-93fd-3d091701dfae