As we celebrate Women’s History Month, the media is noticing that the fastest growing segment of entrepreneurs is among Black women. Job cuts in federal agencies and corporate America as well as a scaling back of DEI programs are leaving many women of color little choice but to create their own jobs and start businesses.
The concept of entrepreneurship was thrust into the spotlight following the massive layoffs and significant shift in workplace culture that followed the 2020 Covid 19 Pandemic. Fast forward to 2026 and layoffs are still happening en masse and are hitting women, specifically women of color, at significantly higher rates.
But even with this impressive growth, Black women entrepreneurs still face big financial barriers and fewer funding opportunities. Many of their businesses are smaller sole proprietorships, making them more vulnerable. Therefore, financial and technical support is crucial.
As the number of entrepreneurs from communities of color increases, WIBO remains poised to answer the call. WIBO, the Workshop in Business Opportunities, has long been a beacon for the BIPOC community as is directly implied in its mission to help aspiring entrepreneurs from under-resourced communities to start and grow business. Articles from Fast Company, Work Life and the New York Times confirm that minority women are the fastest growing number of entrepreneurs. WIBO knows this all too well. Enrollment in the Fall 25 and Spring 26 cohorts have dramatically increased since 2024.
WIBO is ready to support future business owners as new Cohorts launch in May. To join WIBO, click here.
For more information on this topic, check out:
- https://www.fastcompany.com/91509694/black-women-are-the-fastest-growing-group-of-entrepreneursw
- https://www.youtube.com/watch?v=lLylFR7KTK8
- https://www.worklife.vc/blog/black-entrepreneur-women
- https://www.cnbc.com/2024/02/18/black-women-are-the-fastest-growing-group-of-entrepreneurs-in-the-us.html
- https://www.blackenterprise.com/black-women-entrepreneurs/