Crowdfunding Expands Access To Capital For Women, Minority Entrepreneurs

The growing popularity of crowdfunding has created a new fundraising mechanism for women and minority entrepreneurs, groups that have at times felt ostracized by the more traditional ways of raising money to start or grow a business.

Several initiatives are taking shape here in Washington. A crowdfunding Web site geared toward black entrepreneurs has come online, and minority economic development groups are educating their client base about the practice’s potential.

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