Black entrepreneurs are fighting gentrification on South Broad Street – Curbed New Orleans

First, the good news: New Orleans’ entrepreneurship rate is 68 percent higher than the national average, according to a recent study from The Data Center. The bad news? Although 40 percent of the city’s businesses are black-owned, they receive only 2 percent of business, said Trace Allen, neighborhood program manager at Propeller, a 501c3 nonprofit, business incubator, and coworking space that addresses economic disparity and racial justice in New Orleans.

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