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Why is the fastest-growing group of entrepreneurs — black women — largely ignored by the investment community?

Back in college, Rachel Hankerson came up with the idea for an electronic license plate. After losing her job during the recession, she decided to get her invention off the ground but had trouble attracting local investors, even though states have expressed interest and other companies have popped up with similar technology.
Tim Lloyd
/
St. Louis Public Radio
Back in college, Rachel Hankerson came up with the idea for an electronic license plate. After losing her job during the recession, she decided to get her invention off the ground but had trouble attracting local investors, even though states have expressed interest and other companies have popped up with similar technology.
Black Girl Magic (Part 1)
The episode is full of voices of black women entrepreneurs, from a local baker to the founder of Blavity.
Back in college, Rachel Hankerson came up with the idea for an electronic license plate. After losing her job during the recession, she decided to get her invention off the ground but had trouble attracting local investors, even though states have expressed interest and other companies have popped up with similar technology.

ON THIS EPISODE … we bring you stories about the fastest-growing group of entrepreneurs: black women. And we explore the huge gap between business opportunities this group is creating for itself and its longstanding lack of access to capital from the investment community.

The episode is full of voices of black women entrepreneurs, from a local baker to the founder of Blavity.

We also hear from experts in the investment community, and bring you news of several efforts — local and national — aimed at creating a more inclusive startup scene.

Black Girl Magic (Part 2)
It turns out one young woman, Rachel Simon Lee, was listening. And the story of what she did next is pretty cool.
Rachel Simon Lee

Tim and Kameel are working hard to make shows for the next season, but don’t worry dear listeners, because it’s bonus episode time! We’re taking you allllll the way back to a little more than a year ago when we brought you an episode called “Black Girl Magic.”

The episode is all about a big effort among business leaders in St. Louis to diversify the city’s entrepreneurship scene. It turns out one young woman, Rachel Simon Lee, was listening. And the story of what she did next is pretty cool.

Kameel Stanley co-hosted and co-produced the We Live Here podcast—covering race, class, power, and poverty in the St. Louis Region—from 2015 to 2018.
Tim Lloyd was a founding host of We Live Here from 2015 to 2018 and was the Senior Producer of On Demand and Content Partnerships until Spring of 2020.