More Black and Hispanic Entrepreneurs Are Open for Business

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More Black and Hispanic Entrepreneurs Are Open for Business
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A study shows that the rate of entrepreneurship—which has soared since the start of the pandemic—was highest among Hispanic Americans, and the rate rose mostly sharply among Black Americans.

a soft-spoken 16-year-old Black student in Tampa, Florida who loves playing basketball and video games likeHe’s also the founder and chief executive officer of a mobile entertainment business, Street Gamez, that can amp up any party with a 32-foot, $55,000 trailer full of video game consoles for up to 28 players. He plans to add a $45,000 mobile gaming bus, staffed by a second crew, and move beyond the Tampa area to serve North and South Carolina.

“I don’t want my son going into the world thinking he can’t do things,” said Bell, who is Street Gamez’s chief operating officer and handles booking and billing. “When we ask random students on campus what their career ambitions are, I would say 70 to 80 percent of them are telling us it is to be entrepreneurs,” said Thaddeus McEwen, a professor of entrepreneurship at historically Black North Carolina Agricultural & Technical State University.

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