The Wealth Gap

Black households in the Boston area face an enormous wealth gap: the median household wealth for white families is nearly $250k; for Black families, the median household wealth is $8.00.

When it comes to starting and operating a business, this wealth gap has profound consequences: nationally, for every $1 available to a single white male starting a business, single Black women and Hispanic women had less than $0.01 in capital available to them. For Black and Brown women in Boston, these disparities are undoubtedly even larger, due to Boston's extreme wealth gap.

Undercapitalized business struggle to launch, and they struggle to thrive.

Our Mission

WOCE’s mission is to widen the circle of entrepreneurship by supporting women of color entrepreneurs who are building great businesses and want help to grow. We provide long-term mentorship, combined with tailored programming, peer support, and curated access to potential customers, lenders and investors. We use a cohort model to create peer relationships for support. We add a new cohort of 7-12 entrepreneurs each year.