Breaking Down the Impact

Why is it Important to Support Minority Entrepreneurs

Currently, underserved populations in the St. Louis region and Illinois East St. Louis region disproportionately benefit from their city’s economic success and face many challenges and barriers when starting their own businesses. In St. Louis, Missouri, 68% of companies are owned by non-identifying minorities, who comprise 48.1% of the city’s total population. Our identifying minority population includes 45.3% of the total regional population, owns just 32% of local businesses. There are three significant areas where these minorities need support:

Human Capital
Financial Capital
Social Capital

Our Role

Grind + Growth plays a significant role in ensuring that entrepreneurs have access to:

Human Capital, through people-associated characteristics that helps scale their businesses, with education and experience.
Financial Capital, provides access to financial resources they need to start and keep their businesses operational.
Social Capital, connects them to mentors and networks that play a significant role in their business’s growth.