INDIANAPOLIS (WISH) — A group of investors are working to close the wealth gap for entrepreneurs in Indiana.
The Minority Entrepreneurship Institute (MEI) is the organization behind this push. Founded In Fort Wayne, its work has helped feed millions of dollars into startup minority businesses. Supporters said the pandemic did a number on small business, and this is a tool to build them back up.
For many businesses, all they need is one investor to take a chance. But for many Black and minority owned startups, that’s a far-fetched idea — especially if you live in middle America.
“I don’t think anyone is going to be as motivated as we are to see that our parents and ourselves when we enter those ages have the care that we need so that we don’t repeat mistakes of the past,” said Raymond Fraser.
He’s in the startup phase for Vital View Technology — it’s a health tech startup that’s…