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Closing the Wealth Gap via Entrepreneurship through Acquisition

The BIPOC wealth gap in the United States is growing, sustained by systemic inequities that have limited access to the cornerstones of wealth creation: real estate and entrepreneurship. While much has been done through CDFIs to improve access to real estate capital for under- served communities, the opportunity for small business ownership has greater access barriers, since BIPOC and women ownership rates are low to begin with. In the US 84% of businesses are white-owned and 62% are men-owned. Starting a business The path that has been most promoted for business ownership has been that of traditional entrepreneurship of starting…
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Havell Rodrigues is the Founding Partner at New Majority Capital, a firm focused on closing the wealth gap. He is a former fintech entrepreneur and hedge fund manager. He has an MBA from Babson College and is a CAIA charterholder and a TiE-Boston Charter Member.
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