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Johnson C. Smith University and Urban Business Network to Present White Paper

"Characteristics and Social-Financial Capital Status of Minority Entrepreneurs in Charlotte"

Johnson C. Smith University, in conjunction with the Urban Business Network, will hold a meeting to share the white paper of a study conducted on the "Characteristics and Social Financial Capital Status of Minority Entrepreneurs in Charlotte" on Tuesday, September 14, 2010, 6:30 p.m., Biddle Hall - Sarah Belk Gambrell Auditorium.

"When the Urban Business Network approached Johnson C. Smith and asked that we conduct a study to examine the Charlotte business climate for minority entrepreneurs, we felt it was our responsibility to honor their wishes - as we are an urban university that prides itself on applied research," said President Ronald L. Carter, Johnson C. Smith University. "We hope the findings of the study will help the Charlotte community better address the needs of minority entrepreneurs and those who aspire to become business owners."

The study, conducted by the Johnson C. Smith University Business Department, began in June 2010. Dr. Haseeb J. Ahmed, Associate Professor of Finance, served as lead researcher. Ahmed will present the findings on September 14. According to the Urban Business Network, their mission is "to connect urban business owners to economic, civic and academic organizations to form a more complete union between people and prosperity."

The Urban Business Network recommended 75 individuals for the focus groups who were small business owners or who had an interest in becoming entrepreneurs. In addition, the study included a survey which was conducted among 200 local business owners.

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