During a recent meeting of the New Castle County Economic Development Subcommittee, discussions highlighted the ongoing efforts to support minority-owned businesses, particularly focusing on Black and female entrepreneurs. Councilman Street emphasized the importance of inclusivity, expressing concern that Black-owned businesses should not be overlooked in favor of other minority groups. He pointed out that historically, Black men have faced significant barriers and should be included in initiatives aimed at fostering economic growth.

In response, officials shared positive developments from previous initiatives. A successful roundtable for Black-owned businesses was held in February, which generated valuable ideas, especially regarding access to capital. This event was well-received, and there is a consensus on the need for regular meetings to continue fostering dialogue and support for these businesses.

Looking ahead, the subcommittee is planning to host sessions specifically for female-owned businesses, recognizing the importance of addressing the unique challenges they face. Additionally, the timing of events is being strategically aligned with cultural observances, such as Hispanic Heritage Month, to ensure that all minority groups are represented and supported.

Helen Foster, the small business enterprise coordinator, noted that past events aimed at preparing minority and women-owned businesses for participation in county projects have led to significant success, including over 30% participation in the construction of the Newark Free Library. These efforts reflect a commitment to enhancing economic opportunities for all minority groups in New Castle County.

As the subcommittee continues to prioritize these initiatives, the focus remains on creating an inclusive environment where all businesses can thrive, ultimately benefiting the broader community.