Every day, Black women are putting their future in their own hands by launching startups and small businesses that they are passionate about.

However, even though we are among the fastest-growing group of entrepreneurs, the odds of our business failing is still up against us.

Starting a business is easy, but making it scalable and able to last the test of time is what’s hard.

Many Black women have incredible, game-changing businesses, but often a lack of capital and experiencing situations of running out of money (aka oxygen) kill our businesses. As an Angel Investor and good friend of mines once said, “Money for an entrepreneur is like oxygen. And just like real life, when you run out of oxygen, you die.”

Depending on what kind of business you currently have, what kind you are building, and your goals, seeking out funding is a viable option.

However, for years there has been inequality in the world of raising capital for Black entrepreneurs. Consequently, many Angel Investors, Venture Capitalists, organizations, and business leaders have been working hard to change this narrative.

Original article was published here.