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Study: Minority Firms Ripe for Venture Capital

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Study: Minority Firms Ripe for Venture Capital

Business

Study: Minority Firms Ripe for Venture Capital

Study: Minority Firms Ripe for Venture Capital

  • Download
  • <iframe src="https://www.npr.org/player/embed/1387813/1387814" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

A new study suggests that venture capital firms that invest in minority-owned businesses generate strong returns for investors. And the National Association of Investment Companies, a consortium of minority-oriented venture capital funds, says the amount of private capital put into minority businesses doubled from $2 million in 2002 to $4 million in 2003. Hear NPR's Laura Sydell.