Black Hoosier businesses still skeptical of banks
Experts say the hesitancy of Black business owners to borrow stems from historical neglect of those customers by traditional banks—an opinion backed by extensive historical research.
Experts say the hesitancy of Black business owners to borrow stems from historical neglect of those customers by traditional banks—an opinion backed by extensive historical research.
White musicians are synonymous with many eras—including rockabilly, British Invasion, psychedelic, singer-songwriter and punk—but Black artists have been there from the beginning.
It’s no secret that golf builds business connections unlike anything else.
IBJ has named the new award after Mickey Maurer, who launched, owned and invested in several impactful companies in Indiana, including IBJ Media.
The 13-member caucus billed the six events as opportunities for Hoosiers to learn more about legislation passed in the most recent session and to “provide feedback and input” ahead of next year’s budget-writing session.
The programs are intended to help central Indiana Black business owners combat long-standing challenges in securing bank loans.
Attracting and retaining entrepreneurs becomes possible with every measure we take to enhance our culture and identity as a city.
Almost half of Black home buyers in 2022 were first-time buyers, and newcomers haven’t benefited from the rising home equity that could help defray swelling sale prices and lending costs.
Most major companies have so far stuck by diversity initiatives, which many ramped up in the face of pressure from some shareholders, employees and customers. But some have made changes to try to protect them from legal scrutiny.
Jimmie McMillian serves as chief diversity officer and senior corporate counsel at Penske Entertainment Corp., which includes IndyCar, IMS Productions and the Indianapolis Motor Speedway.
After being relegated to bit parts for decades, women- and minority-owned investment banks are slowly stepping into larger roles as corporations push their go-to banking partners to team up with diverse firms.
A group of Black civil rights organizations is amping up its call for racial equity to be taken into account as state and city leaders decide where to place chargers needed to support the growing number of electric vehicles.
Thousands of Black, Latino and other minority business owners are scrambling to prove that their race puts them at a “social disadvantage” after a federal judge declared a key provision of a popular Small Business Administration program unconstitutional.
Darrian and Devyn Mikell discuss the inspiration they’ve received from their family (including an older brother with a Pro Bowl career in the NFL); how they handle the rollercoaster of startup life; obstacles that Black entrepreneurs face; and the importance of a diverse staff.
Indianapolis Mayor Joe Hogsett’s proposal to create a city office prioritizing diversity efforts was met with “no” votes from some City-County Council Republicans. But Hogsett’s GOP mayoral opponent Jefferson Shreve wouldn’t rule out the concept if his public safety funding priorities could be met first.
New guidance from the Biden administration on Monday urges colleges to use a range of strategies to promote racial diversity on campus after the Supreme Court struck down affirmative action in admissions.
The former Indiana attorney general and 2024 gubernatorial candidate said equity and inclusion efforts “exist only to pander to identity politics.”
Seaux Chill, otherwise known as Nabil Ince, wrote and recorded five songs after being awarded a grant from the Joyce Foundation in June 2022.
IU Health expects to give about $690 million worth of work to diversity contractors. That’s 30% of $2.3 billion—the amount the hospital system says the project is worth after subtracting the cost of expensive medical equipment such as imaging scanners.
The letter signed by Indiana Attorney General Todd Rokita and the the attorney generals of six other states expresses legal concerns over Target’s “possible violation of fiduciary duties.”