“A Community of Women Entrepreneurs: The Power Plays Small Business Summit in Baltimore”
The Power Plays Small Business Summit was held in the Inner Harbor of Baltimore for women of color entrepreneurs looking to take their businesses to the next level. The one-day conference offered an opportunity for attendees to participate in interactive workshops, panel discussions, and a pitching competition. The event is all about building the next generation of business leaders while fostering a sense of community and support among female entrepreneurs. A diverse group of over 150 attendees came together to engage, enlighten, and empower each other to succeed in their respective ventures, defying the odds and overcoming challenges along the way.
Building a Strong Community
As black women are the fastest-growing demographic of entrepreneurs, the Power Plays Small Business Summit provides a unique platform for women of color to network and learn from one another. Despite being the least funded, female entrepreneurs continue to grow their ventures because of their ability to build strong communities and support networks. Although it can be challenging to find the necessary resources to grow their businesses, by coming together, these entrepreneurs can leverage their collective strength to overcome obstacles.
The Power of Mentorship
Brianca Moore, a cosmetologist and owner of a business specializing in knotless braiding, shared her experience with attending the event. She expressed how seeking help and advice from other women entrepreneurs was immensely beneficial for her business’s growth journey to the next level. She also shared her intention to give back to the community by offering guidance to peers based on her own experience.
The Power Plays Small Business Summit provided not only an opportunity for attendees to learn from experts but also for entrepreneurs to learn from each other. The conference gave attendees knowledge, resources, and a sense of empowerment to take on the world as women entrepreneurs.
How Women Entrepreneurs are Changing the Game
According to JP Morgan, women of color are among the least-funded groups of entrepreneurs. However, black women are still the fastest-growing demographic of entrepreneurs in the United States, with a 164% increase in businesses owned between 2007 and 2018. Women-owned businesses contributed $3.1 trillion to the U.S. economy in 2020 alone. As women entrepreneurs continue to break barriers, the Power Plays Small Business Summit serves as a testament to the resilience and determination of women entrepreneurs to succeed.
Expanding the conversation
Entrepreneurs often need timely advice, guidance, and support to transform their ideas into successful ventures. While events such as the Power Plays Small Business Summit offer a platform for women entrepreneurs to connect and access helpful resources, entrepreneurs need consistent support from their peers to grow and scale their businesses.
Apart from attending events, women entrepreneurs can connect through online communities, mentorship programs, or networking events. Access to resources such as funding, business resources, or legal counsel can be the basis for successful entrepreneurship.
In conclusion, the Power Plays Small Business Summit serves as a vital platform for empowering women of color entrepreneurs to thrive in the business world – defying the odds and overcoming challenges. Women entrepreneurs continue to drive economic growth globally. As such, we must continue to support these fearless ladies achieve the success they deserve.
Summary
The Power Plays Small Business Summit in Baltimore was a one-day conference for women of color entrepreneurs to network and learn from one another. Over 150 attendees came together to participate in interactive workshops, panel discussions, and a pitching competition. Despite being the least-funded demographic, black women are the fastest-growing group of entrepreneurs. The Power Plays Small Business Summit provides a platform for female entrepreneurs to leverage their collective knowledge and resources to succeed and overcome challenges.Entrepreneurs can continue to grow their ventures by consistently seeking support, mentorship, and resources from their peers.
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BALTIMORE — The second annual Power Plays Small Business Summit was held in the Inner Harbor.
The one-day conference is for women of color entrepreneurs like Brianca Moore, a cosmetologist looking to take her brand to the next level.
“I specialize in knotless braiding,” she said. “I’ve owned my own business for two years. I’m looking to turn it into a brand.”
The summit offered participants the opportunity to participate in interactive workshops, sit on panel discussions, and participate in a pitching competition.
“I always feel like I need to do it on my own and I just want help,” Moore said. “It’s good to get help and ask questions. I also want to give people advice from my own experience.”
Organizer and CEO of the Women Entrepreneurs Leadership Lab, Nakeia Drummond, told WJZ that the event is all about building the next generation of business leaders.
“It’s a day of learning, connecting, building community, being inspired by other women’s stories and journeys, getting resources to grow our businesses, and a little bit of fun,” Drummond said.
Black women are the fastest-growing demographic of entrepreneurs, but are often the least funded, according to JP Morgan.
“It’s harder for us to find the resources we need, just by building that network we’re born into, but when we come together, we build a strong community,” said graphic designer María Aramba.
More than 150 summit attendees are now part of a community, working together to engage, enlighten and empower.
“It’s all about getting up while you’re climbing, reaching out and helping each other,” said Mia Davis, founder of Color Vision.
https://www.cbsnews.com/amp/baltimore/news/power-plays-small-business-summit-elevates-women-of-color/
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