Closing the gap for Black business owners

Early in her career, Burunda Prince ’83 recognized that even with a title, a nice office, and credentials including a bachelor’s in chemical engineering from MIT and an MBA from Harvard Business School, she would still be excluded from important discussions at her workplace. 

Once, after a meeting about one of Prince’s projects, her male colleagues continued their dialogue as they walked into the men’s bathroom. “I followed them in,” says Prince, laughing. “I told them I was determined to advocate for my position. And if this is where the conversation was taking place, so be it.” 

COURTESY PHOTO

Although more women and people of color now have a seat at the table where strategic decisions are made, Prince says, those groups are still often left out of the informal networks where investment and funding deals take place. Overcoming that barrier is especially important because entrepreneurship is crucial to building wealth. “The…

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