UH study finds Black Lives Matter movement had significant impact on Black entrepreneurs’ crowdfunding efforts
New research conducted by the University of Houston Conrad N. Hilton College of Global Hospitality Leadership suggests the Black Lives Matter movement had a significant, positive impact on the fundraising efforts of Black restaurateurs.
In a study published in the International Journal of Hospitality Management, the researchers found in the decade before Black Lives Matter rose to prominence, Black restaurateurs were 76% less likely to be successful in the use of crowdfunding sources, such as Kickstarter, than non-Black restaurateurs. From 2010 – 2015, funding was 72% lower for Black-owned businesses and from 2016-2020 it was 79% lower.
But that all changed ...










