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Entrepreneurship program aims to reduce racial wealth gap
Rochester Mayor Malik Evans met with the first class of the Mayor’s Office of Financial Empowerment, Prepare to Prosper Entrepreneurship Training Program, on Wednesday.
Includes 50 entrepreneurs from different sectors.
The 12-month program that began in February was created to close the racial wealth gap in Rochester and help promote networking and relationship-building with businesses and other resources.
“Entrepreneurship is a true driver of economic growth and mobility in our city,” Evans told the group. “This program is providing opportunities for Black and Brown residents to hone their business acumen and build generational wealth, which ultimately enriches the health and wealth of our city. I look forward to seeing the positive impact and contributions each of you will make to our city.”
A fireside chat gave entrepreneurs an opportunity to share how the program has impacted their businesses. Representatives from local banks and other business service providers were also in attendance.