Frequently Asked Questions
FAQ: A report by the Brookings Institute found that only 1% of black entrepreneurs were able to obtain a bank loan compared to 7% of their white counterparts.
In 2021 & 2022 via our PitchFeast event, we were able to align black businesses with over $240 thousand dollars in investment funding!
FAQ: In addition to capital being an obstacle to business success, black entrepreneurs normally have limited education and knowledge in the areas pertinent to run a successful business.
In 2021 and 2022 we have provided black entrepreneurs with over 400 hours of expert-based and intimate one-on-one training. Through our Founders Peer Group and weekly Office Hours we work with black entrepreneurs providing them with hands-on training and technical assistance, such as graphic design, website development, and SEO & Marketing strategies. We also assign them a business mentor and access to expert business assistance that can help them move from being unstuck when it comes to things they don’t know. Our overall goal is to teach them to know how to do something or find someone they know who can.
FAQ: 15% of the black population in Indiana is a business owner!
As an Entrepreneur Support Organization, (ESO) PitchFeast has helped hundreds of black and brown entrepreneurs move from ideation to actualization, growing their businesses via our community programs.