Tucson’s Leo Rich Theatre to Host Black-Owned Business Pitch Contest

โ€”

by

in

TUCSON, Ariz. – On May 15, the Leo Rich Theatre will welcome entrepreneurs for Pitch Black, a groundbreaking pitch contest showcasing the resilience and innovation of ten Black-owned businesses. This event aims to address the challenges faced by minority entrepreneurs in accessing financial support and resources.

Fostering Economic Empowerment

Pitch Black emerged amidst the adversities of the pandemic in 2020, serving as a beacon of hope for Black-owned businesses grappling with financial constraints. Unlike traditional financing avenues, where racial disparities persist, Pitch Black offers a level playing field for entrepreneurs to pitch their ideas and secure funding.

Bridging the Funding Gap

Statistics from the Federal Reserve highlight the stark reality faced by Black entrepreneurs, who are often hindered by systemic barriers when seeking financing. Pitch Black not only provides monetary prizes but also invaluable support from entrepreneurship organizations statewide, empowering participants to realize their business aspirations.

Unrestricted Support for Business Growth

Ashley La Russa, the visionary behind Pitch Black, emphasizes the importance of unrestricted funding in driving small business growth. By offering lump sum grants devoid of strings attached, Pitch Black aims to dismantle financial obstacles and facilitate the flourishing of local enterprises.

Event Details

Pitch Black will take place at the Leo Rich Theatre on May 15, commencing at 7:30 PM. While admission is free, seating is limited, underscoring the significance of reserving tickets in advance. Interested individuals can secure their spot through the event’s official website.

About the Organizer

Ashley La Russa, a staunch advocate for economic equity, founded Pitch Black with the mission of empowering minority entrepreneurs. Her dedication to fostering a supportive ecosystem for Black-owned businesses has garnered widespread acclaim within the Tucson community.

Empowering Minority Entrepreneurs

By Thomas Bart

Pitch Black represents more than just a pitch contest; it symbolizes a collective effort to uplift and empower minority entrepreneurs. By providing equitable access to funding and resources, initiatives like Pitch Black catalyze economic empowerment and drive inclusive growth. As we celebrate the resilience and innovation of this year’s participants, let us reaffirm our commitment to creating opportunities for all.

For more local news and updates, download The Local News App today.

Source

Visited 1 times, 1 visit(s) today

DISCLAIMER: This article is written by AI. If any of your copyrighted materials, similar names or likeness is used herein it was done accidentally and can be fixed by sending an email to [email protected] explaining the problem. We will rectify any issues immediately. However, any copyrighted or trademarked materials that are used here are protected under 17 U.S.C. ยง 107 – U.S. Code – Unannotated Title 17. Copyrights ยง 107. Limitations on exclusive rights: Fair use in that it is provided for purposes of reporting the news.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Like Our New App?

Download The Local News App to your device to stay up to date with all the local news in your area.

Just follow the prompt when it comes up and enjoy.