Bye Silicon Valley, Why Entrepreneurs Migrate to Atlanta & Visit Miami
Our intent is to connect women to a community for collaboration, innovation, equality, and creativity. The importance of community is to find the right niched hub of people that can help you understand the struggles and the knowledge that has been gathered from experienced professionals to the less experienced entrepreneurs. This is why women with determination need to be around other women with determination that look like them and can support them as highlighted in this article published by Jessica Guynn and Nicquel Terry Ellis in USAToday.
According to USA Today black women are generating tens of billions in revenue, they are the nation's fastest-growing demographic of entrepreneurs. For decades at the nexus of money and power in Silicon Valley, they've been underestimated and overlooked. Research shows that black women are among the least likely to get checks cut by venture capitalists. So now more than ever we’ve been witnessing this small, but growing wave of black, female entrepreneurs prying open doors for a new sisterhood in tech + business in the two southern cities: Atlanta and Miami.
"I don't think there is a better place in the country if you're a black entrepreneur to be," Ryan Wilson, co-founder of The Gathering Spot, says. "
While Silicon Valley may have the nation's greatest density of genius per square mile, the south lays claim to the greatest density of black [women] genius. It is stated that Miami-Fort Lauderdale metropolitan ranked number one in the country for new startup activity—according to the Kaufmann Foundation, which studies entrepreneurship activity in America. And the women entrepreneur bug continues to grow along with the city’s spirit of collaboration.
It’s true that women entrepreneurship is rising, but it’s also very real in fact that women from minority backgrounds who want to start their own businesses are up against more hurdles. These entrepreneurs typically don’t have a network of professional mentors to support them. They have more family responsibilities to balance. And they have a much more difficult time accessing money, which is obviously key to a business’s future success.
Although these problems are very real, women of color are making inroads into entrepreneurship.
Companies like Flourish Media help minority women see small business ownership as a viable opportunity for economic advancement by offering educational products, workshops, and networking events so that they can access resources and connect with mentors who understand & empower. We create a space for women to blossom as entrepreneurs. At our recent Flourish Media Conference we had nearly 200 attendees at the most educational entrepreneur/lifestyle conference in Miami for women in business! Women sought the opportunity to learn more about growing their business, visibility, funding, social media marketing, branding, and more! Flourish Media Conference is the place where women entrepreneurs get to connect in real life.
Another great example of the community for women entrepreneurs we provide is PublisHER:
The Outlet Self Published Women Authors Have Been Waiting For! This is where women authors flourish. By attending PublisHER you learn the steps of becoming self published and our featured authors use this bookfair for creative expression and as an outlet to highlight their book to the Public eye. We are coming to Atlanta very soon!
As you know see, the growing number of diversity funds in Atlanta and Miami are giving black women more options for their business endeavors hence the migration to the south.
"The more we are all committed to it, the more it will manifest itself, it’st's like a self-fulfilling prophecy." - Morgan DeBaun, chief executive of Blavity, a popular digital media hub for black millennials.